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Wireless

RCom to acquire MTS India

Monday 2 November 2015 | 10:45 CET | News
Indian operator Reliance Communications (RCom) and Russia-based Sistema have signed definitive documents for the demerger of Sistema's Indian wireless business into RCom. Sistema Shyam Teleservices (SSTL) operates in India under the MTS brand. RCom will acquire around 9 million customers and INR 15 billion of annual revenues via this transaction.

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Categories: Mobile & Wireless
Companies: MTS / RCom / Reliance Communications / Sistema Shyam TeleServices
Countries: India
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