Update March 20: Reliance Communications (RCOM) today announced that it has received an approval of the Competition Commission of India (CCI) for the proposed merger with Aircel.
Earlier: Back in September last year Reliance Communications (RCOM) and Maxis Communications Berhad (MCB), promoters of Aircel announced that they have signing an agreement for the merger of their Indian wireless businesses. Continue reading “RCom-Aircel merger gets Stock Exchange and SEBI approvals”