HomeNewsBusinessAirtel to lay-off section of Telenor staff post-merger

Airtel to lay-off section of Telenor staff post-merger

Airtel said "not all people from Telenor India will find meaningful roles within Airtel".

May 16, 2018 / 21:12 IST
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A day after government approved its merger with telecom major Airtel, a section of Telenor India's employees are facing lay-off.

They got mails from Bharti Airtel asking them to attend a meeting with the HR officials to discuss "way ahead and next step", an employee working for the Norwegian telecom company's Indian subsidiary in Andhra Pradesh circle said.

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Confirming the move, Airtel said "not all people from Telenor India will find meaningful roles within Airtel".

The Department of Telecom on May 14 approved the merger -- a move that will make the subscriber base of Sunil Mittal-led firm almost twice the size of new entrant Reliance Jio. Both the companies had entered into an agreement for the deal in February 2017.