Lolest! wrote:sounds more like Airtel buying out yu. They got all yu customers
If you ask me, Airtel got shafted. And they will notice that sooner rather than later! A majority of Yu subscribers use the Yu line as their SECONDARY line mainly for the freebies - free calls etc. Unless Airtel a planning to continue giving them these freebies - that were costing Yu 3 BILLION every year, that 2.7 million will become 1 million in under a year. And then the remaining 1 million will be lost slowly but surely.
Such a deal would only make sense if a majority of Yu subscribers had the line as a primary line and could not migrate to another provider with the same number! What stops a Yu subscriber migrating a day after being "bought"?
I will not be suprised if Safaricom [and Orange] launch an aggressive MIGRATION campaign in a few weeks - complete with goodies - discounts, free airtime, migrate ubanjuke na millioni etc. Watch this space!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.