Monday, 22 January 2018

RCom to close SSTL deal next week after regulatory nod

By Mary Lennighan, Total Telecom
Monday 23 October 17

Indian operator gets the green light for takeover of rival two years after it inked the deal

Reliance Communications (RCom) has received the approval of the Department of Telecommunications (DoT) for its planned acquisition of Sistema Shyam Teleservices Ltd (SSTL). As a result, it expects to close the transaction in the first week of November, RCom announced on Monday…

Reliance Communications (RCom) has received the approval of the Department of Telecommunications (DoT) for its planned acquisition of Sistema Shyam Teleservices Ltd (SSTL). As a result, it expects to close the transaction in the first week of November, RCom announced on Monday…

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