Reliance Aircel Merger: Reliance Communications-Aircel merger approved
NEW DELHI: Reliance Communications, led by Anil Ambani, agreed today to merge its wireless network The telecommunications business with its smaller rival Aircel will create the country's fourth largest mobile phone operator with an asset base of more than Rs 65 billion. In the country's largest telecoms sector consolidation, RCom and Aircel's majority owner Maxis […]