RCom, SSTL merger clears final hurdle
India’s Department of Telecommunications (DoT) approved a INR50 billion ($766 million) merger of Reliance Communications …
Indian tribunal rules against DoT spectrum levy
A telecoms tribunal in India has struck down a decision by the Department of Telecom …
RCom in talks over Aircel merger
India’s Reliance Communications (RCom) is holding non-binding talks to merge its mobile business with smaller domestic …
RCom, SSTL likely to merge within a month — report
India’s fourth largest operator Reliance Communications (RCom) and Sistema Shyam Teleservices (SSTL) are expected to …
India’s SSTL launches more “anti-zero-rating” plans
India’s Sistema Shyam TeleServices (SSTL), which offers services under the MTS brand, today introduced a …
RCom-SSTL merger highlights uncertainty in spectrum rules
Reliance Communications’ (RCom) planned merger with Sistema Shyam Teleservices (SSTL) may help give it the …
Rcom and Sistema confirm merger talks
Russian investment firm Sistema has entered into “exclusive discussions” with Reliance Communications about a potential …
M&A activity picks up in India, Airtel looks to acquire Augere
Consolidation appears to be on the horizon in India’s telecoms market — the second largest in the …
India’s SSTL opts not to bid in auctions
Sistema Shyam TeleServices Ltd (SSTL) announced today it will not bid in the spectrum auctions …