This case highlights the merger process of the two telecom operators in Bangladesh: Robi Axiata and Airtel Bangladesh. Before the talks even started, the companies were bombarded with possible impositions of high tax rates and mandatory government fees, along with increased competition from other telecom companies. The merger was on the verge of collapse because of the reported fees. Being the first telecom merger in Bangladesh, the implications of legal and social factors in the telecom sector are highlighted in this case, along with issues relating to market power and market shares. This case study will assist undergraduate and postgraduate students in analysing the role of government interventions, and business practice regulations, and the manner in which business transactions are executed.