NEW YORK--(BUSINESS WIRE)--Ascend Telecom Holdings Limited (“Ascend Holdings”) and ROI Acquisition Corp. II (“ROI”) (NASDAQ:ROIQ; ROIQW; ROIQU) today announced the execution of a merger agreement for a business combination transaction. When the transaction is consummated, Ascend Telecom Infrastructure Private Limited (“Ascend”), an independent provider of passive telecom infrastructure for wireless telecom operators in India, will become an indirect wholly-owned subsidiary of Ascend Holdings an