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India’s Reliance Communications (RCom) has called off a planned merger of its wireless business with rival Aircel as a result of regulatory uncertainty and opposition from some creditors. RCom had been planning to merge its wireless business with Aircel to…
Norway’s Telenor is reportedly seeking to get in on the proposed merger between Aircel and Reliance Communications. Telenor is proposing to combine its Indian business, customer base and spectrum with the merged Aircel-RCom entity. Under the proposed terms,…
India’s Bharti Airtel has received approval for its 35 billion rupee ($521.2 million) acquisition of 4G spectrum from Maxis-owned Aircel. The Telecom Ministry has agreed to allow Bharti Airtel to acquire 20 MHz of 2300-MHz spectrum in eight of India’s 22…
