Friday, 21 July 2017

RCom, Aircel to create 50:50 JV

By Mary Lennighan, Total Telecom
Monday 29 February 16

Indian telcos to merge mobile assets under new brand, according to press report.

Indian operators Reliance Communications (RCom) and Aircel have agreed to merge their wireless assets into a joint venture, it emerged this week. Sources cited by the Economic Times said the firms would each own 50% of the venture. They added that the deal will also see the merge entity retain the 2…

Indian operators Reliance Communications (RCom) and Aircel have agreed to merge their wireless assets into a joint venture, it emerged this week. Sources cited by the Economic Times said the firms would each own 50% of the venture. They added that the deal will also see the merge entity retain the 2…

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