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      <title>Airtel-Tata by Sreyansh Surana</title>
      <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb</link>
      <description>Analysis of Deal</description>
      <language>en-us</language>
      <pubDate>2020-08-04 14:23:55 UTC</pubDate>
      <lastBuildDate>2020-08-04 15:59:44 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Type</title>
         <author>sreyanshsurana</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669082906</link>
         <description><![CDATA[<div>Acquisition</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:27:09 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669082906</guid>
      </item>
      <item>
         <title>Acquirer-Target</title>
         <author>sreyanshsurana</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669083081</link>
         <description><![CDATA[<div>Airtel-Tatateleservices</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:27:19 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669083081</guid>
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      <item>
         <title>Industry</title>
         <author>sreyanshsurana</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669083399</link>
         <description><![CDATA[<div>Telecommunications</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:27:31 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669083399</guid>
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      <item>
         <title>Type of Deal</title>
         <author>sreyanshsurana</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669083499</link>
         <description><![CDATA[<div>Horizontal Deal</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:27:36 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669083499</guid>
      </item>
      <item>
         <title>Type</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669096884</link>
         <description><![CDATA[<div>Merger</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:39:15 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669096884</guid>
      </item>
      <item>
         <title>Acquirer- Target</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669097909</link>
         <description><![CDATA[<div>Airtel - Tata Teleservices Limited and Tata Teleservices (Maharashtra) Limited</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:40:11 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669097909</guid>
      </item>
      <item>
         <title>Deal Value</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669103024</link>
         <description><![CDATA[<div>Airtel gave <strong>970,668 equity shares</strong>, fully paid up of face value of <strong>Rs 5 per share</strong> of the company to the eligible equity shareholders of TTML in the ratio of 1 equity share of the company for every 2,014 equity shares held in TTML by eligible equity shareholders of TTML. <br><br>The Tata Group paid lenders and the government about <strong>Rs 50,000 crore ($7.3 billion)</strong> to help complete the deal. </div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:44:20 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669103024</guid>
      </item>
      <item>
         <title>Pattern</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669104899</link>
         <description><![CDATA[<div>Mergers have become increasingly common in the Telecom Industry in order to increase their marketshare. Jio's disruption has ensued a consolidation leaving behind 3 major players. Major deals include:<br>1.Vodafone - Hutchison Essar<br>2. Idea - Spice Telecoms<br>3.Telenor - Unitech Wireless<br>4. Reliance Industries - Infotel <br>5. Vodafone - Idea<br><br><br><br><br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:45:50 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669104899</guid>
      </item>
      <item>
         <title>Introduction</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669116064</link>
         <description><![CDATA[<div>The deal was a merger where Airtel had absorbed Tata Teleservices' CMB operations in <strong>19 telecom circles</strong> - 17 under TTSL and 2 under Tata Teleservices (Maharashtra) Ltd. It also agreed to take over a small portion of the unpaid spectrum liability of Tata Teleservices.</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:55:31 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669116064</guid>
      </item>
      <item>
         <title>Type of Deal</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669116461</link>
         <description><![CDATA[<div>Horizontal Merger<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:55:53 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669116461</guid>
      </item>
      <item>
         <title>Airtel Stock Movement</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669118375</link>
         <description><![CDATA[<div>The Airtel stock closed <strong>0.5% </strong>higher at <strong>Rs 348.50</strong>, TTML gained <strong>2.7%</strong> to end at <strong>Rs 3.79.</strong></div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:57:27 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669118375</guid>
      </item>
      <item>
         <title>Strategic Rationale for Deal</title>
         <author>radhikachaddha21</author>
         <link>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669120078</link>
         <description><![CDATA[<div>- The TTSL-Airtel merger will bolster the latter's spectrum pool with significant <strong>additional 178.5 MHz</strong> spectrum in 1800, 2100 and 850 MHz bands, all widely used for<strong> 4G</strong>.</div><div>-The deal also helped Airtel to increase its <strong>subscriber base</strong>. <br>-For Tata Group the reason was to<strong> shed its loss-making </strong>wireless telephone business which was a drag on group’s financials for several years</div>]]></description>
         <enclosure url="" />
         <pubDate>2020-08-04 14:58:39 UTC</pubDate>
         <guid>https://padlet.com/sreyanshsurana/25mw36lt653jjmnb/wish/669120078</guid>
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