Bloomberg Reliance Communications Ltd.’s plan to merge with Aircel Ltd. collapsed in a blow to the Indian mobile phone carriers’ plans to pare debt and gain scale to take on bigger rivals. “Legal uncertainties” and “interventions by vested interests” caused delays in regulatory approvals, Reliance Communications said in an exchange filing. Consequently, the merger has “lapsed with mutual consent,” it ...

Bloomberg Go-Jek, Indonesia’s first billion-dollar startup, is looking to expand its ride-hailing services to three to four countries in Southeast Asia, escalating its rivalry with Grab and Uber Technologies Inc. Co-founder and Chief Executive Officer Nadiem Makarim didn’t specify the countries or services that Go-Jek will target, but said in an interview they will be places with a large population ...

Bloomberg North Korea now has two ways to get on the internet, thanks to a new connection from Russia, according to cybersecurity outfit FireEye Inc. Russian telecommunications company TransTeleCom opened a new link for users in North Korea, Bryce Boland, chief technology officer for the Asia-Pacific region at FireEye, said in an interview on Monday. Until now, state-owned China United ...