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Telecom M&A Guidelines Need to be Reworked: TRAI Chairman

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With a view that the country cannot carry on with 12 telecom operators, sectoral regulator Trai today said current merger and acquisition (M&A) rules need to be reworked by the government for any pick up in consolidation activity.

“No jurisdiction in the world has 12 operators, mostly the countries have 5 or 4 telecom players and at some places 2. For this to happen (here) merger and acquisition guidelines have to be reworked,” TRAI chairman Rahul Khullar said. Original post at ET Telecom

Wahengbam Rorrkychand

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