Thursday, 14 November 2013

Telecom M&A norms to be in place after EGoM meeting: Sibal

The long awaited merger and acquisition (M&A) guidelines for the telecom sector will be announced after the Empowered Group of Ministers decides on the matter at its November 22 meeting.
“For pricing issue we have to go to EGoM. EGoM meeting is fixed on 22nd. So the moment that meeting is over, we will have the M&A policy,” Telecom Minister Kapil Sibal said on sidelines of CII’s Services Conclave 2013.

The M&A guidelines, much-awaited by the industry, were earlier expected to be announced this week.

Source:
http://cablequest.org/news/telecom-news/item/3551-telecom-m-a-norms-to-be-in-place-after-egom-meeting-sibal.htmlSource: http://cablequest.org/news/telecom-news/item/3551-telecom-m-a-norms-to-be-in-place-after-egom-meeting-sibal.html

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