CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which telecom Operator has announced to acquire Telenor India
A
Vodafone
B
Aircel
C
Bharti Airtel
D
Reliance
Explanation: 

Detailed explanation-1: -DoT approves Airtel-Telenor India merger.

Detailed explanation-2: -Supreme Court allowed sale to Airtel by dismissing telecom department’s order to Airtel to furnish a bank guarantee. Department of Telecom approved the merger of Telenor India with Bharti Airtel on 14 May 2018 paving the way for final commercial closing of the merger between the two companies.

Detailed explanation-3: -Airtel agreed to acquire Telenor India in February 2017. The acquisition is aimed at boosting Airtel’s ability to compete against rival Reliance Jio which launched nationwide 4G service in September 2016 and has disrupted the market with free and low-cost voice and data plans.

Detailed explanation-4: -Uninor recharge plan 2022 This time Telenor company is returning to the game with 4G.

Detailed explanation-5: -It’s an end game for Norwegian telecom operator Telenor in India. Nearly eight years after venturing into India, Telenor has decided to call it quits. On Thursday, Telenor announced its plans to sell its entire operations in India to Bharti Airtel for an undisclosed amount.

There is 1 question to complete.