MERGER DEBT-FREE, CASH-FREE

The New Indian Express - - NEWS -

The com­pa­nies said the deal is on a no-debt, no-cash ba­sis and Air­tel is not tak­ing over any of the about C40,000 crore debt with Tata Te­le­ser­vices. Even 70-80% of the C9,000-10,000 crore de­ferred pay­ments for spec­trum that TTSL holds, will be paid by the Tatas

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