Reliance Communications (RCom), India’s fully integrated telecommunications service provider, has extended exclusive discussions for potential merger of its wireless business with the promoters of Aircel by another 30 days. This is for the second time the companies have extended the discussion period for the merger. The telcos previously on 22 March had extended the merger talks by 60 days. RCom and Aircel talks, if successful, would lead to a combined entity holding 19.3% of the total spectrum allocated to the industry - the highest in the country by an entity.
Reliance Communications is engaged in providing information and communications services. It provides telecom services for mobile and fixed line telephony. It offers code division multiple access (CDMA), global system for mobile (GSM), and 3G wireless services, wireline, voice, data, video, internet services. The company also provides long distance business services such as wholesale voice, bandwidth, national and international private leased circuits, broadband internet access, audio, video and web conferencing.
