Prasad, Rohit; Srivastava, Shishir - In: Review of Market Integration 4 (2012) 2, pp. 221-237
The recent Telecom Regulatory Authority of India (TRAI) norms on mergers and acquisitions (M&A) create a two-pronged upper bound for the merged entity based on spectrum share and market share. The spectrum share, defined in terms of share of second generation (2G) spectrum held, is set at a low...