Indian telecom giant Bharti Airtel Ltd. has completed the acquisition of Telenor ASA's India unit after receiving all regulatory and statutory approvals, the company said in a press release shared on the BSE Ltd.
Bharti Airtel will start integrating Telenor's Indian operations in seven telecom circles across India. These include Andhra Pradesh, Bihar, Maharashtra, Gujarat, Uttar Pradesh (East), Uttar Pradesh (West) and Assam. The consolidation will take Airtel's customer base to over 330 million in India.
Bharti Airtel will also add 5 MHz to 7.2 MHz of Telenor's spectrum in the 1800 band in each of the seven circles, adding network capacity, the release said.
Bharti Airtel is currently present in 16 countries across Asia and Africa with around 413 million customers, as of March 2018.