The meeting of the Group of Ministers (GoM) on Telecom, which is scheduled to meet on 3rd December 2013 is expected to finalise the norms for Mergers & Acquisitions for the telecom industry. Now that the telecom situation in the country, the spectrum auction etc. is almost normalised, the chance for M&A have increased.
The Telecom Commission may put certain conditions for the M&A in connection with the % of assets of the merging company, the charges for the spectrum allocation etc. so that there is no discrimination between the single technology operator and the double technology operator. The former company may have only GSM or CDMA, while the latter will have both GSM and CDMA.
Group of Ministers on Telecom will finalise M&A Norms
29 Friday Nov 2013
Posted Telecom
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