Loop Mobile started its operations in 1995 as BPL Mobile. It was owned by Hon’ble Member of Parliament Shri Rajeev Chandrasekhar. Subsequent to the change of shareholding in 2004, the Khaitan Holdings Group took ownership control. In 2009 the brand name changed from BPL Mobile to Loop Mobile and since then providing the services in Mumbai city. Loop Mobile had over 3.5 million subscribers base during its operation in peak.
Khaitan Group had entered into an agreement with Bharti Airtel, India for the sale of assets and subscriber base of Loop Mobile during June 2014. However, due to Indian Telecom regulatory issues the sale could not be completed and in the month of November, 2014 the license issued to Loop Mobile got cancelled.
Visit the website: www.loopmobile.in