Public RelationsTRAI to float consultation paper on M&A norms
Telecom regulator TRAI today said it will float a consultation paper on merger and acquisitions in the sector by the next month, a move that could unleash the second wave of consolidation in the sector.
"Our target is to float a consultation paper by November on mergers and acquisitions," TRAI Member R N Prabhakar told reporters on the sidelines of a conference here.