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Monday, 5 June 2017

RCom-Aircel merged wireless company to be called Aircom

Reliance Communications (RCom) Chairman Anil Ambani has announced that the merged entities of RCom and Aircel will be called Aircom. These merged entities are Reliance Communications and Maxis Communications Berhad (MCB). Both the companies announced their merger plans in September 2016.

The merged company will be one of India’s largest private sector companies. It will have an asset base of over 65000 crore rupees and net worth of 35000 crore rupees. The company will be managed by an independent professional team under the supervision of the board.

Static takeaways for Exams-
  • The Group was founded by Shri Dhirubhai H. Ambani (1932-2002)
  • Anil Dhirubhai Ambani is the Chairman of Reliance Group
Source- The Hindu

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