This scenario will have three private providers each with more than 300 million subscribers and one state-owned operator with over 100 million. But a section of the analysts argued there is "little business sense" for Airtel to buy the loss-making Tata Tele. "The only reason for Airtel to consider a deal with the Tatas will be to maintain leadership in revenue market share. "From structuring and approval perspectives, the easiest transaction would be for Tata Teleservices to be subsumed by Bharti Airtel. "Tata Group has history with state-owned Indian telecom companies.

Source: Economic Times June 27, 2017 22:30 UTC