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RCom gets another nod for MTS acquisition, may close deal in November

Reliance Communications (RCom) said that it has received a nod from the Bombay High Court for the acquisition of Russian conglomerate Sistema’s Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL). Following this nod, RCom will now approach the telecom department for the final approval for the acquisition. Media reports said that the acquisition is expected to be closed by November 2016. “We wish to inform you that Hon’ble High Court […]

from Telecom Talk https://telecomtalk.info/rcom-gets-another-nod-for-mts-acquisition-may-close-deal-in-november/157752/

via: https://telecomtalk.info/rcom-gets-another-nod-for-mts-acquisition-may-close-deal-in-november/157752/

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