Airtel May Buy Tata Tele, Jio-RCom Likely to Merge by 2020: Report
India's top telco Bharti Airtel may acquire ailing telco Tata Teleservices, while Reliance Jio and Reliance Communications are likely to combine their businesses in a longer term, according to a report by London-based CCS Insight. The ongoing and these expected merger and acquisition moves will result in a four-operator market in the next three years, down from 15 licensed providers in 2010, a report in Times of India said. “From... Read More
