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Reliance Communications to sign definitive merger deal with Aircel in first week of September: Report

The Maxis owned fifth largest telecom operator, Aircel which was in exclusive merger talks with Anil Ambani led Reliance Communications is expected to sign the merger deal by September first week. According to an NDTV report, term sheet between the companies have been finalised. “Definitive agreement for merger between the two companies is expected to be signed in a week or 10 days,” an industry source close to the development revealed to […]

from Telecom Talk http://telecomtalk.info/reliance-communications-aircel-merger/156484/





via: http://telecomtalk.info/reliance-communications-aircel-merger/156484/

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