MUMBAI: Indian telecom infrastructure firm GTL Infrastructure scrapped yesterday a proposed deal with tycoon Anil Ambani's mobile phone firm Reliance Communications (RCom) to merge their telecom tower businesses. The announcement deals a blow to plans by Reliance Communications to cut its US$6.2 billion (US$1 = RM3.11) debt, including the US$1.8 billion it raised to purchase 3G (third-generation ...
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