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RCom, Aircel promoters ink 50:50 merger deal

Anil Ambani led Reliance Communications (RCom) and promoters of Aircel, Maxis Communications Berhad (MCB), have inked a definitive deal for the merger of their Indian wireless businesses. The merger will be the largest-ever consolidation in the Indian telecom sector. The combined entity will create a strong operator clearly ranked amongst India’s top 4 telcos by customer base and revenues, also ranking amongst the top 3 operators by revenues in 12 […]

from Telecom Talk http://telecomtalk.info/rcom-aircel-merger-deal/157143/

via: http://telecomtalk.info/rcom-aircel-merger-deal/157143/

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