SSTL and Reliance Communications announce merger
Sistema JSFC, a publicly-traded diversified holding company in Russia and the CIS, announces the signing of binding documents regarding the merger of Sistema's Indian telecommunications business with business of Reliance Communications Ltd, one of the leading telecom operators in India. The signed documentation provides for the demerger of the telecommunication business from Sistema Shyam TeleServices Ltd (“SSTL”) and its merger with the telecommunications business of Reliance Communications Ltd (“RCom”) based... Read More
