RCom shares surge over 6% on Sistema deal
Shares of Reliance Communications (RCom) surged over 6 percent Monday after the company announced the acquisition of Russian conglomerate Sistema's Indian telecom unit in an all-stock deal that will create an operator with 118 million subscribers.
Nov 02, 2015, 19:03 PM IST
Reliance Communications acquires Sistema India unit in $690-mn deal
Reliance Communications (RCom), India's fourth-largest telecom operator, Monday announced the acquisition of Russian conglomerate Sistema's Indian telecom unit in an all-stock deal that will create an operator with 118 million subscribers.
Nov 02, 2015, 17:01 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
Sistema eyes $300 mn Indian video gaming market
Sistema Shyam TeleServices Ltd (SSTL), which provides telecom services under MTS brand, has tied up with Nodwin Gaming to launch an online, multiplayer, video gaming platform -- Gamegod.
Nov 14, 2014, 15:28 PM IST
