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Sistema News

07 Oct 2016

RCom gets Bombay HC approval for Sistema acquisition

Reliance Communications today said Bombay High Court has approved its deal to acquire Russian conglomerate Sistema's Indian telecom unit, Sistema Shyam Teleservices, that operates under the MTS brand.

Reliance Communications

25 Dec 2015

Anil Ambani led-RCom signs deal with Russia's Sistema to establish joint telecom venture

The two companies signed the agreement after Prime Minister Narendra Modi attended the CEO Forum in Moscow, during his two-day bilateral visit to the country for the 16th Annual Summit.

Reliance Communications

22 Dec 2015

RCom, Aircel in talks to create India's 2nd biggest mobile operator

The combination of RCom, Aircel, MTS wireless businesses will hold 19.3 percent of the total spectrum allocated to the the industry - the highest in the country by an entity.

16 Jun 2015

RCom shares reverse early gains on profit-booking

The stock ended at Rs 58.70, down 0.25 percent, on the BSE. In intra-day trade, shares of the company gained 2.97 percent to Rs 60.60.

Reliance Communications

16 Jun 2015

RCom shares up 3% on merger talks with Sistema

Shares of Reliance Communications on Tuesday rose nearly 3 percent after the company said it's in talks to buy Russia-based Sistema's Indian arm to consolidate its position as the nation's fourth-largest telecom player.

15 May 2015

Sistema chief says held talks with RCom over joint venture, no sale planned

Sistema had no plans to sell his Indian telecoms unit, Sistema Shyam Teleservices.

Sistema Shyam Teleservices

24 Mar 2015

Sistema keen on spectrum sharing, trading; awaits guidelines

Sistema Shyam Teleservices, which is not participating in the ongoing spectrum auction, is now awaiting sharing and trading guidelines for airwaves for its business expansion.

Sistema Chairman

19 Sep 2014

Sistema chiarman released from house arrest

Chairman of the diversified Russian business conglomerate Sistema was today released from house arrest, the firm's Indian arm said.

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