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Regulatory red tape derails RCom/Aircel merger

2017-10-02 02:00:00| Total Telecom industry news

Reliance Communications and Aircel have called off their merger plan having failed to secure the required approvals for the deal in a reasonable timeframe. "Legal and regulatory uncertainties, and various interventions by vested interests, have caused inordinate delays in receipt of relevant approvals for the proposed transaction," RCom said, in a statement. "…read more on TotalTele.com »

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