RCom sheds towers to achieve asset-light growth strategy
India’s Reliance Communications has agreed to sell a 51% stake in its tower company for US$1.6bn, helping the debt-strapped firm shore up ...
Tag: Sistema Shyam Teleservices
Sistema sells 12.7 million ADS of MTS
Russian billionaire Vladimir Yevtushenkov’s Sistema has sold 12,697,918 American depositary shares of Russia’s largest mobile operator MobileTeleSystems (MTS). Commenting on the divestment, Sistema CEO ...
RCom and Jio ink spectrum trading, sharing pacts as merger processes continue
India’s Reliance Communications (RCom) and Reliance Jio have signed agreements to trade and share spectrum in the 800 MHz band across most of the ...
RCom set to sell stake in tower unit to PE – reports
India’s Reliance Communications is reportedly nearing an agreement to sell its stake in Reliance Infratel to private equity in a deal valuing the tower ...
Sistema and RCom discuss Indian JV – Yevtushenkov
Russian billionaire Vladimir Yevtushenkov, owner of conglomerate Sistema, has said he is discussing a possible joint venture in India with Reliance Communications ...
MTS India open to deals, CEO says
Mobile operator MTS India could consider M&A opportunities in the country, according to its CEO. Dmitry Shukov noted however that ...
Sistema close to Tata Tele majority stake – report
Negotiations that would see Russia’s Sistema take a majority stake in Indian operator Tata Teleservices have reportedly reached an advanced ...
Sistema wins Indian licences for US$665m
Russian conglomerate Sistema’s Indian telecom subsidiary, Sistema Shyam TeleServices (SSTL), has won spectrum in India’s licence auction for US$665m. The telco was ...
Indian spectrum auction postponed
The Indian government has had to postpone spectrum auctions for certain bandwidths after a complete dearth of applications by the ...
Indian gov’t will lower 2G reserve price – analysts
The Indian government is likely to lower the reserve price for spectrum in next month’s 2G auction, having failed to ...
