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Telecom M&A guidelines need to be reworked: TRAI Chairman

With a view that the country cannot carry on with 12 telecom operators, sectoral regulator Trai today said current merger and acquisition (M&A) rules need to be reworked by the government for any pick up in consolidation activity.

EGoM on Telecom likely to meet next week to discuss M&A rules

The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, is likely to meet next week and discuss the long-awaited mergers and acquisitions (M&A) rules.

Telecom M&A guidelines to be in place by Nov 1

The most awaited telecom mergers and acquisition guidelines which were expected to be released on Tuesday, will be released, in about next two weeks time, Telecom Minister Kapil Sibal said on Tuesday.

Final guidelines on telecom M&A likely by Sept-end

"I had a talk with the Secretary (Telecom) this morning and said it (M&A policy) should be out by September 15... He says he needs another 15 days," Telecom Minister Kapil Sibal told reporters after his meeting with industry players today.

Telecom M&A, pricing talks to end in a week: Secy

The commission will meet again on Dec 1 to consider the proposals, he said.