RCom and Sistema Shyam Teleservices Merger Gets a Nod from Department of Telecom (DoT)
The Department of Telecom (DoT) has now approved the merger of Sistema Shyam Teleservices with Reliance Communications (RCom). If this deal goes through all the regulatory approvals, then the total number of mobile operators in the country will be reduced to ten. "Reliance Communications Limited (RCOM) has received the Department of Telecommunication's (DoT) approval for the demerger of the wireless business of Sistema Shyam Teleservices Limited (SSTL) into RCom," said... Read More
