The Telecoms Regulatory Authority of India (TRAI) has reportedly put forward proposals for an increase in the caps on market share and spectrum holdings for merged entities, Bloomberg reports. It is understood that the regulator has suggested that mobile network operators be allowed to merge operations if their combined market share is less than 60% in a circle; under existing legislation cellcos are prevented from tie-ups if the combined share would exceed 40%.
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OVETEL TRAI proposes easing of M&A regulation
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