Rcom, MTN extend negotiation period

The Anil Ambani-controlled Reliance Communication and South African telecom major MTN have extended the period of talks of exclusivity.

The Anil Ambani-controlled Reliance Communication and South African telecom major MTN have extended the period of talks of exclusivity.

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The period has been extended till July 21, 2008 for a possible merger of the two telecom giants.