Tuesday, 25 July 2017

RCom, Aircel finally ink Indian mega-merger

By Nick Wood, Total Telecom
Thursday 15 September 16

50:50 joint venture will be country's third-largest mobile operator, generate INR200 billion in synergies.

After months of negotiation, Reliance Communications and Aircel on Thursday finally reached a deal to merge their mobile businesses into a 50:50 joint venture, creating India's third-largest operator by subscribers. The merged entity, aptly-titled "MergedCo", will boast 448 MHz of spectrum across the 850 MHz, 900 MHz…

After months of negotiation, Reliance Communications and Aircel on Thursday finally reached a deal to merge their mobile businesses into a 50:50 joint venture, creating India's third-largest operator by subscribers. The merged entity, aptly-titled "MergedCo", will boast 448 MHz of spectrum across the 850 MHz, 900 MHz…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry