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| Exchange Disseminated Time | Bharti Airtel Ltd has informed BSE about the following media statement being issued by the Company:
"Airtel Networks Kenya Limited ("Airtel Kenya") has sought an approval from the Communications Authority of Kenya (CAK), to acquire the telecommunications licenses and subscribers of Essar Telecom Kenya Limited, which operates under the brand name ‘yuMobile’.
The proposed arrangement envisages over 2.7 million customers of Essar Telecom Kenya becoming part of Airtel Kenya’s mobile network. The proposed association will undergo seamless integration once definitive agreements are signed, and requisite regulatory and statutory approvals are received." |
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