India’s Bharti Airtel gets Tata’s 40mn users in ‘cash-free’ deal
Bloomberg Bharti Airtel Ltd. surged the most since in five months after it announced that it had agreed to absorb Tata Group’s mobile-phone business in a “cash-free†transaction shaking up one of the world’s most crowded wireless markets. The stock advanced 7.8 percent to 431.60 rupees, the most since May 10, after India’s largest mobile-phone operator said it will get ...
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