Friday, 22 June 2018

RCom submits Sistema deal to India's high courts

By Nick Wood, Total Telecom
Friday 15 January 16

Mobile operator's proposed acquisition receives approval from country's stock exchanges.

Reliance Communications this week applied to India's high courts for permission to proceed with its acquisition of rival mobile operator Sistema Shyam Teleservices (SSTL). The application was submitted after the RCom/Sistema deal was given the nod by both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)…

Reliance Communications this week applied to India's high courts for permission to proceed with its acquisition of rival mobile operator Sistema Shyam Teleservices (SSTL). The application was submitted after the RCom/Sistema deal was given the nod by both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)…

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