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RCom CEO quits

2016-10-03 02:00:00| Total Telecom industry news

Vinod Sawhny replaced by new co-CEOs Bill Barney, Gurdeep Singh with immediate effect.

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RCom, Aircel finally ink Indian mega-merger

2016-09-15 02:00:00| Total Telecom industry news

50:50 joint venture will be country's third-largest mobile operator, generate INR200 billion in synergies.

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RCom, Aircel reach agreement on 50-50 merger

2016-09-14 17:43:00| Telecompaper Headlines

(Telecompaper) Indian mobile operators Reliance Communications and Aircel have reached a final agreement on merging, after first starting talks last December. The new company will strengthen RCom's position as the fourth largest operator in terms of subscribers, just behind Idea Cellular, after acquiring sixth-placed Aircel. They also claim to have the second-largest spectrum holdings on the market, with a combined total of 448 MHz. RCom said the deal will help it reduce its debt by around 40 percent, while also result in significant synergies.

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RCom again extends Aircel deal talks

2016-05-23 02:00:00| Total Telecom industry news

Indian operator talks up substantial progress as deadline is pushed back to 22 June.

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RCom extends Aircel deal talks by two months

2016-03-24 01:00:00| Total Telecom industry news

Indian operator to hold exclusive discussions with rival's shareholders for a further 60 days, having made 'good progress' to date.

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