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Indian telecom sector News

Reliance Communications

14 Sep 2016

RCom, Aircel announce merger to create India's 4th largest telcom operator

In the biggest consolidation deal in India's telecom sector, Reliance Communications and Aircel on Wednesday announced the merger of their wireless operations to create a combined entity with assets worth Rs 65,000 crore.

Reliance Communications

10 Nov 2015

RCom-Sistema deal signals more telco M&As: Fitch

On the RCom-SSTL deal, Fitch said it is unlikely to help RCom in meaningfully reducing its USD 6 billion in net debt.

Economic Survey

09 Jul 2014

Economic Survey 2013-14: Investments in telecom surged 4 times to $1.3 bn

The telecom sector attracted over 4-fold growth in foreign investments at USD 1.3 billion during the financial year 2013-14.

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