RCom-MTS India merger deal may be stalled: Reports
The potential merger of Reliance Communications with Sistema Shyam TeleServices (SSTL) is being delayed due to the ongoing legal tussle with the telecom department (DoT) over levy of spectrum contiguity charges. The deal, which was earlier expected to be closed by the second quarter of 2016, could well be stalled as the transaction terms are deteriorating, a report by Russia Beyond The Headlines said. Now, the fate of the potential merger... Read More
