Telecom department to soon settle merger, transfer of licences in M&As

The Department of Telecom will settle all issues related to merger and transfer of licences in the telecom sector on a priority basis, an internal note of the ministry said.

“In the last two years there has been consolidation in the telecom industry involving Vodafone-Idea, Bharti Airtel-Telenor, Bharti Airtel -Bharti Digital Networks Pvt Ltd, Bharti Airtel-Tata Teleservices and Bharti Airtel-Airtel Broadband services. All issues related to the merger/transfer of licences to be settled ,” said a DoT note on M&A, indicating these top its agenda over the next few months.