Reliance Communications and Aircel in talks to merge mobile business - Times of India
Ail Ambani-owned Reliance Communications has announced that it is in talks with Aircel to merge their wireless businesses.
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The company has entered into a 90-day exclusivity period with Aircel's majority owner Malaysia's Maxis Communications Bhd and another shareholder Sindya Securities and Investments Pvt Ltd, Reliance said in a statement.
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