I covered about this topic some earlier in this blog. Today, I saw some news items in Internet about this matter. Here are links to some of them:
India's RCom, MTN Group call off merger talks owing to 'legal issues'
African and Indian Telecoms End Merger Talks
NEWSMAKER-Line drops between India's Anil Ambani and MTN
It seems that there was some legal problems. If the deal went through then the new company would have emerged as one of the top ten players in mobile phone market. I think that the top management of Reliance Communications should reflect seriously about this.
What do you think about this matter?
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