Wednesday, December 23, 2015

RCOM, AIRCEL TO MERGE

Rcom has signed a non-binding pact with Malaysia’s Maxis Communications-held Aircel to explore a merger between the two telcos.

RCom has already signed a deal in November with Sistema Shyam for a merger, if the current talks materialise into a transaction, it would lead to a three-way merger between RCom, Aircel and Sistema, thus creating the country’s third largest operator by subscribers with a total holding of 20% spectrum across all bands.

No comments:

Post a Comment