RCOM has announced the merger of its wireless business with that of Aircel.
RCOM and Aircel’s parent Maxis will hold 50% each in the merged company
(MergedCo) which has 12% combined revenue market share. RCOM will transfer
Rs 200 bn debt to the MergedCo which will have debt/equity of 1x.
Management is expected to share the financials and operating metrics
of the MergedCo closer to consummation of the deal. Thedevelopment
will drive market share gains and scale efficiencies in the future.
If you are looking for a Probationary Officer Government jobs and want to make a career in Government Service then Apply urgent opening
ReplyDelete