Daily Archives: 27 June 2008

Idea-Spice faces Rs 843 crore loss

After the deal between Spice and Idea, the merged entity faces a loss of Rs 842.75 crore, recently paid by the two companies as entry fees to obtain universal access service licenses (UASL) in circles which overlap between Spice and Idea. The issue relates to the intra-circle M&A norms issued by government on April 22, … Continue reading »

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