India: What Airtel gains from its Telenor deal

Men make phone calls as they sit on a railing with Bharti Airtel billboards installed on it, along a sidewalk in Kolkata February 1, 2013. REUTERS/Rupak De Chowdhuri/Files

Consolidation is the name of the game for the telecom sector now. How else are smaller firms supposed to thrive in such a fiercely competitive environment? Bharti Airtel Ltd’s latest decision to acquire Telenor India’s operations is another step towards consolidation.

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