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RCom acquires Sistema’s India unit, as consolidation begins

India’s fourth largest operator Reliance Communications (RCom) will acquire smaller rival Sistema Shyam Teleservices (SSTL) …

Indian Flag

Rcom and Sistema confirm merger talks

Russian investment firm Sistema has entered into “exclusive discussions” with Reliance Communications about a potential …

India’s Telecom Commission backs full foreign ownership

India’s Telecom Commission, part of the country’s DoT (Department of Telecommunications), has proposed 100 per …

Report: Aircel facing uncertain future

Lenders to Aircel, the seventh-largest operator in India, are considering “pre-emptive action” to protect their …

Sistema’s Indian operation targets breakeven within two years

Sistema Shyam TeleServices Limited (SSTL), the loss-making Indian subsidiary of Russian conglomerate Sistema, is aiming …

Sistema wins Indian CDMA spectrum

The Indian mobile unit of Russian operator group Sistema has secured CDMA spectrum in eight …

MTS India to shut down networks in 10 zones; will rebid for licences elsewhere

Sistema, the Russian-owned firm behind Indian CDMA operator MTS, has confirmed it will shutter operations …

Indian Flag

India quashes 2G licence appeals

India’s top court yesterday upheld its decision to cancel 122 2G licences, which were awarded in …

MTS-Aircel merger sidelined as Sistema eyes fresh Indian licences

Russia’s Sistema has reportedly abandoned plans to acquire Indian operator Aircel, deciding instead to rebid …

MTS files for Uzbek subsidiary bankruptcy

Russian operator group MTS has announced that its wholly-owned subsidiary in Uzbekistan has filed a …