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 ISTAnil Ambani led-RCom signs deal with Russia's Sistema to establish joint telecom venture
The two companies signed the agreement after Prime Minister Narendra Modi attended the CEO Forum in Moscow, during his two-day bilateral visit to the country for the 16th Annual Summit.
Dec 25, 2015, 12:21 PM IST
RCom, Aircel in talks to create India's 2nd biggest mobile operator
The combination of RCom, Aircel, MTS wireless businesses will hold 19.3 percent of the total spectrum allocated to the the industry - the highest in the country by an entity.
Dec 22, 2015, 20:16 PM ISTRCom shares reverse early gains on profit-booking
The stock ended at Rs 58.70, down 0.25 percent, on the BSE. In intra-day trade, shares of the company gained 2.97 percent to Rs 60.60.
Jun 16, 2015, 18:24 PM ISTRCom 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 ISTSistema chief says held talks with RCom over joint venture, no sale planned
Sistema had no plans to sell his Indian telecoms unit, Sistema Shyam Teleservices.
May 15, 2015, 20:39 PM ISTSistema keen on spectrum sharing, trading; awaits guidelines
Sistema Shyam Teleservices, which is not participating in the ongoing spectrum auction, is now awaiting sharing and trading guidelines for airwaves for its business expansion.
Mar 24, 2015, 14:57 PM ISTSistema chiarman released from house arrest
Chairman of the diversified Russian business conglomerate Sistema was today released from house arrest, the firm's Indian arm said.
Sep 19, 2014, 22:30 PM IST