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Showing posts with the label Bharti-Tata tango likely across telecoms & media space Post wireless merger

Bharti-Tata tango likely across telecoms & media space Post wireless merger,

Tata Communications on Thursday said that the Board had decided to appoint ?independent advisors to evaluate the strategic salience of the telco's enterprise business. MUMBAI: With the merger of the mobile wireless business of Tatas and  Bharti , India’s largest conglomerate has embarked on a  strategic  overhaul of its entire telecom and media business. Group insiders say that going forward, both sides will explore a deeper alliance that could soon involve consolidating their direct-to-home TV and broadband businesses. Further, Tata Tele’s profitable enterprise business, which is under  Tata Communications , could be part of a future consolidation. Tata ?Communications on Thursday said that it is holding exploratory talks to buy the enterprise business of  Tata Teleservices  and its listed entity Tata Teleservices (Maharashtra). Similarly, the small retail fixed Line business and the broadband business of Tata Tele are also set to be combin...