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Reliance Communications

02 Nov 2015

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.

Reliance Communications

02 Nov 2015

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.

15 Jun 2015

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.

Sistema Shyam TeleServices Ltd

14 Nov 2014

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.

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