Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 1392)
1392.
RCom plans to merge its wireless business with ___________.
Answer: Option
Explanation:
Anil Ambani-led Reliance Communications (RCom) has called off plans to merge its wireless business with rival Aircel. As announced by RCOM, the merger has been called off owing to legal and regulatory uncertainties as well as 'intervention of vested interests to derail the deal'. Post-merger, the entity would have become India's third-largest telecom provider with 175 million subscribers.
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