Reliance Communications and Sistema held talks to form joint venture in India, no sales planned
Putting an end to the rumor that Reliance Communications is in talks with Sistema to buy its Indian wireless business, Sistema Chief Vladimir Yevtushenkov revealed that the talks held were about the possibility of forming a joint venture in India. He said there are no plans to sell Sistema Shyam Teleservices, which is one of the smallest telecom players in India with less than one percent market share and nine... Read More
