Under the agreement, Loop Mobile's three million subscribers in Mumbai will join Airtel's over four million subscribers, making it the largest network in the metropolitan city, according to a statement by Bharti Airtel.

Under the proposed transaction, Loop Mobile's 2G-enabled network supported by 2,500 plus cell sites will also become part of Airtel's network, which has over 4,000 cell sites at present.

The agreement will ensure continuity of services to Loop Mobile's subscribers, whose licence is expiring in November, with option to access Airtel's services. Sources added that under the agreement, Airtel will not acquire employees of Loop Mobile. The status of Loop's employees could not be immediately ascertained.

(Agencies)

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