Bharti Airtel, Loop Mobile merge in Mumbai

Indian carrier Bharti Airtel said Monday that it has now signed a definitive agreement to merge operations with that of Loop Mobile and create Mumbai’s largest mobile network.

The announcement follows a strategic plan unveiled in February of this year under which Bharti proposed to combined operations with Loop in the Mumbai service area.

Under the agreement, Loop Mobile’s three million subscribers in Mumbai will join Airtel’s over four million subscribers, creating an unmatched mobile network in Mumbai.

The transaction will bring together Loop Mobile’s 2G/EDGE enabled network supported
by 2,500 plus cell sites, and Airtel’s 2G and 3G network supported by over 4,000 cell sites across
Mumbai. It will also offer subscribers a wide retail reach with 220 outlets.

The agreement will ensure continuity of services to Loop Mobile’s subscribers, while
offering them the added benefits of Airtel’s innovative product portfolio, and products like 3G, 4G, Airtel Money, VAS and domestic/international roaming facilities.