Amid rising wireless connectivity usage, CCI's efforts to augment its tower business, and fiber and small cells bode well.
Efforts to augment its tower business and fiber and small cells are likely to aid CCI despite industry consolidation and high interest rates.
On August 28, RIL's shares were little changed at Rs 2,999 on the NSE. CCI's announcement came after the end of trading in Mumbai. Disclosure: Moneycontrol is a part of the Network18 group.
The Competition Commission of India (CCI) on August 28 announced the approval for Rs 70,350-crore Reliance-Disney merger.
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