RCom gets Bombay HC approval for Sistema acquisition
Reliance Communications today said Bombay High Court has approved its deal to acquire Russian conglomerate Sistema's Indian telecom unit, Sistema Shyam Teleservices, that operates under the MTS brand.
Oct 07, 2016, 19:11 PM IST
RCom shares up 3% on merger talks with Sistema
Shares of Reliance Communications on Tuesday rose nearly 3 percent after the company said it's in talks to buy Russia-based Sistema's Indian arm to consolidate its position as the nation's fourth-largest telecom player.
Jun 16, 2015, 12:02 PM IST
RCom, Sistema in talks to merge telecom biz in India
Anil Ambani-led Reliance Communication Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap.
Jun 15, 2015, 17:02 PM IST
