Category Archives: Aircel

Reliance Communications and Aircel rearrange merger clauses; Each to hold 50 percent share

After being in talks for quite some time, Reliance Communications and Aircel are now ready to merge with different clauses. According to sources, Reliance Communication and Aircel have agreed to combine its wireless business to emerge as India’s No. 3 carrier based on the number of users. However, the companies scrapped the initial plan to…

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