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Telecom Commission agrees to M&A proposal

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BS Reporter New Delhi

The Telecom Commission has agreed to a proposal not to allow merger of licences of two entities if the market share of the combined entity was above 35 per cent.

The Department of Telecommunications had made a similar suggestion. The sectoral regulator Trai had, however, suggested allowing mergers even if the combined market share of the entity went up to 60 per cent.

 

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First Published: Sep 14 2012 | 12:34 AM IST

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