Will RCom-SSTL merger set the ball rolling for telecom consolidation in India?
In 2014, the telecom industry in India thought that it would see its first consolidation in the sector with Bharti Airtel’s acquisition of Loop Mobile, which would have made the former a number 1 player in the Mumbai circle, where Vodafone had a dominating position. But, country’s top operator called off the Rs 700-crore deal after it got stuck in regulatory hurdles. Now, with RCom, SSTL merger, the question pops... Read More
