Govt approves merger of Tata Teleservices’ mobile business with Airtel

Telecom operator Tata Teleservices on Thursday said the Department of Telecom (DoT) has approved the merger of its consumer mobile business with Bharti Airtel.

Tata Teleservices listed arm said in a regulatory filing said the DoT through its letter dated February 6, 2020 has conveyed approval of the competent authority in DoT for taking on record demerger of consumer mobile business undertaking of the company into Bharti Airtel Limited (BAL).

“The DoT approval is without prejudice to the rights and contentions of the DoT till the telecom petition No. 22 of 2019 filed by BAL which is pending before Hon’ble TDSAT (and appeal, if any, against the Judgement(s) of the Hon’ble TDSAT) is disposed of,” Tata Teleservices (Maharashtra) said.