Home › RCom to acquire MTS India
 

Keywords :   


RCom to acquire MTS India

2015-11-02 10:45:00| Telecompaper Headlines

(Telecompaper) Indian operator Reliance Communications (RCom) and Russia-based Sistema have signed definitive documents for the demerger of Sistema's Indian wireless business into RCom. Sistema Shyam Teleservices (SSTL) operates in India under the MTS brand. RCom will acquire around 9 million customers and INR 15 billion of annual revenues via this transaction.

Tags: india acquire mts rcom

Category:Telecommunications

Latest from this category

All news
»
17.05Reddit shares jump after OpenAI ChatGPT deal
17.05Is China's bubble tea bubble about to burst?
17.05Eastern North Pacific Tropical Weather Outlook
17.05Atlantic Tropical Weather Outlook
17.05Business locked in expensive AI 'arms race'
17.05Is the move to electric cars running out of power?
17.05Pornhub partners with UK child abuse fighting charity
17.05Pornhub partners with UK child abuse fighting charity
More »