Reliance Aircel Merger: Reliance Communications-Aircel merger approved – Reports |
The RCom-Aircel merger follows days after Reliance Industries launched its Jio 4G services in the country. NEW DELHI: Anil Ambani-led Reliance Communications today agreed to merge its wireless telecom business with smaller rival Aircel to create the country’s 4th-biggest mobile phone operator with asset base of more than Rs 65,000 crore.In the largest consolidation in…