After the entry of Reliance Jio, Mukesh Ambani’s brother Anil Ambani’s Reliance Communications has decided to merge its mobile phone services business with the telecom operator Aircel. This merging deal has produced the fourth largest telecom company by assests in India with a net worth of Rs 35000 crore ($ 5.2 billion) and asset base of over Rs. 65000 crore ($ 9.7 billion). This is the biggest merger Indian Telecom has ever witnessed.
RCom and Maxis Communications [...]