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Tata Tele merger: DoT seeks Rs 7,200-cr bank guarantee from Airtel; takeover to bolster telco's spectrum pool
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Tata Tele merger: DoT seeks Rs 7,200-cr bank guarantee from Airtel; takeover to bolster telco's spectrum pool

The merger will be taken on record after Airtel submits bank guarantee of about Rs 6,000 crore for one-time spectrum charges and another Rs 1,200 crore for the spectrum that would be acquired from TTSL.