KOLKATA: A three-way combination involving telecom operators Reliance CommunicationsBSE -0.06 %, Sistema Shyam Teleservices and Aircel would have an 3G footprint that’s bigger than those of Vodafone and Idea CellularBSE 0.93 % and a likely 4G presence in eight circles, although a heavy debt burden could cripple the deal, analysts said. Anil Ambani-controlled RCom and Aircel announced exclusive 90-day merger talks on Tuesday to combine their wireless businesses under a newly listed .. Read more at: http://economictimes.indiatimes.com/articleshow/50303931.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesRCom, Aircel, SSTL merger may create strong number 4 after Airtel, Vodafone, Idea
Industry: Telecom 2015-12-24
