The merged entity would breach revenue market share, subscriber and spectrum caps in five markets
If the deal is successful, the combined entity will create the largest telecom player in the country
Jio's entry has forced players to offer cheaper plans, cutting deeply into their profits
If it happens, merged entity will become India's number one player with 43% market share
On the BSE, the stock plummeted 7.07% and finally settled at Rs 328.8 by the end of the day