Tuesday, 21 August 2018

RCom closes Sistema deal

By Mary Lennighan, Total Telecom
Thursday 02 November 17

Indian operator completes deal that will give it additional spectrum, ahead of its plan to monetise spectrum assets and pull out of mobile business

Reliance Communications this week announced the completion of its takeover of Sistema Shyam Teleservices Ltd (SSTL), just hours after it revealed plans to pull out of the consumer telecoms business in India, selling its assets in that area in order to pay down debt…

Reliance Communications this week announced the completion of its takeover of Sistema Shyam Teleservices Ltd (SSTL), just hours after it revealed plans to pull out of the consumer telecoms business in India, selling its assets in that area in order to pay down debt…

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