RCom shares fell by more than 3% soon after the call related to the merger ended. Photo: Hemant Mishra/MintOn Wednesday, when Reliance Communications Ltd (RCom) announced the merger of its wireless operations with Aircel Ltd, its statement was sketchy on the details . On Thursday, in a conference call with investors, it cleared some of the air around the merger, but kept some details close to its chest. RCom shares fell by more than 3% soon after the call related to the merger ended. First, the company disclosed that the combined entity will have total debt of Rs.35,000 crore, including Rs.7,000 crore in the form of deferred spectrum payment liabilities.

Source: Mint September 15, 2016 14:48 UTC