Sunday 26 February 2017

[21.02.2017]Tata Teleservices may merge with Reliance Communications.
Media reports say that Tata Teleservices has initiated talks with Anil Ambani's Reliance Communications. The entry of Reliance Jio has created a crisis for other telecom companies. Hence, companies are trying for merger with one another, to face the ongoing fierce competition. Vodafone has already initiated talks with Idea for merger. Reliance Communications initiated steps to merge with Aircel. In the present case, a mega merger of Reliance Communications, Tata Teleservices, Aircel and MTS is in the offing.

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