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19 Nov 2014

TRAI asks Loop users to port fast as deadline approaches

To avoid last minute rush, TRAI has asked all subscribers of Loop Mobile to avail the facility of mobile number portability to shift to other operators' networks at least a week before November 29, after which the Mumbai-based firm will not be able to offer telecom services.

08 Nov 2014

TRAI fixes Nov 29 as deadline for porting out Loop customers

TRAI has fixed midnight of November 29 as deadline for subscribers of Loop Mobile to shift to other networks while retaining their numbers by using the MNP facility.

05 Nov 2014

Airtel shares down 3% after it hangs up on Loop Mobile

Shares of Bharti Airtel fell by nearly 3 percent on Wednesday after the company called off its plans to acquire business and assets of Loop Mobile.

05 Nov 2014

Bharti Airtel calls off Rs 700-cr deal to acquire Loop Mobile

DoT is yet to give clearance to the deal as it estimates that Loop Mobile and its sister concern Loop Telecom owe about Rs 808 crore in spectrum and other charges to the government.

17 Oct 2014

Loop seeks time till Oct 31 to comply with Trai directions

Mumbai-based Loop Mobile has sought time till October 31 to comply with telecom regulator Trai's direction of informing all its customers about closure of services.

01 Oct 2014

Trai directs Loop to inform date to closure to subscribers

Loop 's licences will expire in November after which it will not be able to offer telecom services.

18 Jul 2014

Loop Mobile, Loop Tele owe Rs 808 cr to govt: DoT

The government has estimated that Khaitan Group's telecom companies Loop Mobile and Loop Telecom owe about Rs 808 crore in spectrum and other charges to the DoT, which is likely to start recovery proceedings soon.

airtel business

23 Jun 2014

Airtel signs definitive agreement with Loop Mobile

The company had in February announced that it would buy the business and assets of Loop Mobile in Mumbai under a strategic agreement.

23 Jun 2014

Bharti Airtel gains on definitive agreement with Loop Mobile

Shares of telecom major Bharti Airtel Monday gained ground after the company announced signing of a definitive agreement with Loop Mobile to create Mumbai's largest mobile network.

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