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Bharti Airtel subsidiary Nettle Infrastructure Investment acquires OneWeb India


Bharti Airtel announced that Nettle Infrastructure Investments, a wholly-owned subsidiary of the Company, has acquired stake in OneWeb India Communications.
OneWeb was incorporated on 04 February 2020 to carry on business activities and network services associated with the communications industry.
This includes the provision of satellite Internet broadband services and capacity to local service providers, vendors and consumers; holding spectrum, gateway and other licenses and permits; and owning, importing/exporting property/equipment as needed relating to the operations of the business.
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Bharti Airtel , Oneweb India Communications , Nettle Infrastructure Investments , Oneweb India , Capital Market , Economy Of India , Airtel Bangladesh , Airtel Africa , Airtel Sri Lanka , Bharti Infratel , Bharti Enterprises , Integrated Telecommunications Services Nec , Wireless Telecoms Service Providers , Oneweb India , பாரதி ஏர்டெல் , தொட்டால் எரிச்சலூட்டுகிற ஒருவகை செடி உள்கட்டமைப்பு முதலீடுகள் , மூலதனம் சந்தை ,

Board of Bharti Airtel approves composite scheme of arrangement


At meeting held on 14 April 2021The Board of Bharti Airtel at its meeting held on 14 April 2021 has approved the Composite scheme of arrangement between Bharti Airtel , Nettle Infrastructure Investments, Airtel Digital, Telesonic Networks and Airtel and their respective shareholders and creditors for:
(a) Amalgamation of Nettle Infrastructure Investments, Airtel Digital and Telesonic Networks, wholly-owned subsidiaries with and into Bharti Airtel; and
(b) Demerger of the Telecom Business Undertaking of Bharti Airtel and vesting of the same with Airtel, its wholly-owned subsidiary on a going concern basis subsequent to the completion of the aforesaid amalgamations.
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Bharti Airtel , Telesonic Networks , Nettle Infrastructure Investments , Airtel Digital , Telecom Business Undertaking , Capital Market , Bharti Enterprises , Proinsias Mac Airt , Irish Republicans , Integrated Telecommunications Services Nec , Wireless Telecoms Service Providers , Nettle Infrastructure Investments , Bharti Airtel , Telesonic Networks , Malgamation Of Nettle Infrastructure , பாரதி ஏர்டெல் , தொட்டால் எரிச்சலூட்டுகிற ஒருவகை செடி உள்கட்டமைப்பு முதலீடுகள் , ஏர்டெல் டிஜிட்டல் , மூலதனம் சந்தை , பாரதி நிறுவனங்கள் ,