Tuesday, 22 August 2017

Reliance Communications in exclusive merger talks with Sistema

By Nick Wood, Total Telecom
Monday 15 June 15

Telcos negotiating stock swap deal that could pave the way for Russian firm's exit from India.

Reliance Communications confirmed on Monday it has entered into exclusive talks with Russian conglomerate AFK Sistema about merging their respective Indian mobile operations. The deal could pave the way for Sistema to exit the country altogether…

Reliance Communications confirmed on Monday it has entered into exclusive talks with Russian conglomerate AFK Sistema about merging their respective Indian mobile operations. The deal could pave the way for Sistema to exit the country altogether…

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