"For pricing issue we have to go to EGoM. EGoM meeting is fixed on 22nd. So the moment that meeting is over, we will have the M&A policy," Telecom Minister Kapil Sibal said on sidelines of CII's Services Conclave 2013.
     
The M&A guidelines, much-awaited by the industry, were earlier expected to be announced this week. Telecom Commission has recommended that companies be allowed to acquire another operator in a way that market share of the resultant entity does not exceed 50 percent.
     
Apart from various charges associated with M&As, EGoM will also decide on spectrum related issues, as to how much spectrum should be retained by the new entity.

 (Agencies)

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