Reliance Communications completes Sistema’s MTS merger transaction

Reliance Communications (RCOM) today announced that it has completed merger transaction with Sistema’s Indian wireless business, carried on by Sistema Shyam Teleservices Ltd. (SSTL) under the MTS brand. The deal was announced back in 2015 and it was decently approved by Department of Telecommunications (DOT)  last week. The Board of Directors of Reliance Communications also approved the issuance of … Continue reading "Reliance Communications completes Sistema’s MTS merger transaction"

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