Wednesday, November 13, 2013

Telecom M&A rules will be announced this week: Kapil Sibal


Telecom M&A rules will be announced this week: Kapil SibalThe government has cleared the country's first-ever policy on mergers & acquisitions (M&A) for the telecom sector and the new rules could be announced within a week, Telecom Minister Kapil Sibal said.
Mr. Sibal said that the telecom Commission had cleared the newly crafted M&A guidelines, which could be announced any day now.
Speaking on the topic, he said, "It (Mergers and acquisition guidelines) has been cleared by Telecom Commission. We will announce it any day now, probably in coming week."

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