Bharti Airtel and Tata Teleservices deal will be a win-win situation for both sides say industry analysts. The deal will improve the market share of Airtel with no financial burden and minus of any asset, said a report from rating agency Fitch. “Bharti’s credit profile will improve slightly as it’s paying no consideration for the operations, which it would acquire free of debt…benefits from the additional spectrum, fibre assets and subscribers will more than offset the additional spectrum liabilities,” said the report by Fitch. The rating agency also said that Airtel’s market share revenue will increase by 4-5%, which takes the overall revenue market share to 37-38%. To be noted, the deal between Tata and Airtel is a ‘no cash, no debt basis,’ deal. In addition, the Tata deal will give 42 million customers of Tata Teleservices to Bharti Airtel along with its spectrum license in 19 of the 22 circles virtually free. Fitc...