Bharti Airtel may join Vodafone Idea in fight Reliance Jio; here’s what Sunil Mittal plans to offer

In a bid to take on Reliance Jio, Bharti Airtel has invited Vodafone Idea to partner in the independent optical fibre firm that it is putting in place. The proposal, if accepted, would shape up the single largest independent fibre company in the country. “We will have our fibre company in place by end of March and in that we have invited Vodafone to come and join,” Financial Express reported citing Bharti Enterprises Chairman’s interaction with a group of select journalists at the ongoing Mobile World Congress.

The given proposal is designed on the same lines as Indus Towers where Vodafone and Idea Cellular have stakes. Telesonic is a subsidiary of Airtel and a new structure would come into place if Vodafone accepts the proposal to pool together assets, he added.