Bharti Airtel, the world’s third largest telco by subscribers, has entered into exclusive discussions with the Axiata Group to explore the possibility of combining the business operations of the operations of Robi Axiata and Airtel Bangladesh. With Airtel Bangladesh's customer base of over 9 million and Robi Axiata's 28 million, the combined entity will become the country's second largest mobile phone operator after Telenor owned Grameenphone with has over 37 million customers.
#Robi, #Airtel in merger talks for #Bangladesh operations, #Axiata, #BhartiAirtel, #NTTDocomo http://t.co/r8TEsnjchg
— Aniruddha Hom Roy (@ahomroy) September 10, 2015
Bangladesh boasts a total more than 128 million mobile subscribers with six telecom service providers, including Banglalink Digital Communications, Pacific Bangladesh Telecom (Citycell), and TeleTalk Bangladesh.
Bharti Airtel became the sixth operator to enter Bangladesh after its aquired 70% of Abu Dhabi-based Warid Telecom’s telecom assets in 2010 for an estimated $300 million. The operator bought the remaining stake in March 2013.