Merger call off; regulatory uncertainty; high debt; objection from lenders; telecom consolidation; poor finances; insolvency case against RCOM; Rs 140 billion debt; SSTL-RCOM merger; SDR programme

In a move that could have serious implications on the ongoing consolidation saga in the Indian telecom sector, Reliance Communications (RCOM) has called off its merger with Aircel, citing inordinate delays caused by legal and […]