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RCOM, Sistema Shyam announces merger deal

RCOM, Sistema Shyam announces merger deal

Nov 03, 2015, at 02:30 am

Mumbai, Nov 2 (IBNS): Reliance Communications Ltd. (RCOM), one of India’s leading fully-integrated telecommunications service providers, and Sistema JSFC, a publicly-traded diversified holding company in Russia and the CIS, on Monday announced the signing of definitive documents for demerger of Sistema’s Indian wireless business, carried on by Sistema Shyam Teleservices Ltd. (SSTL) under the MTS brand, into RCOM.

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RCOM, Sistema Shyam announces merger deal Mon, Nov 02 2015