Telecom giant Airtel has reportedly said that they will buy Indian Internet service provider Tikona’s 4G business for rs 1600 crore on Thursday. The deal includes the acquisition of Tikona's Broadband Wireless Access spectrum and 350 sites in five telecom circles. Airtel has planned to roll out high-speed 4G services on the newly acquired spectrum in the five circles immediately after they sign the deal. Notably, Airtel has been named as the fastest network in India.