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About 1 results for "rcom rsquo"

RCom, Sistema in talks to merge telecom biz in India
Rediff.com

RCom, Sistema in talks to merge telecom biz in India

Anil Ambani-led Reliance Communication on Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap. "Reliance Communications and AFK Sistema have entered into exclusive discussions on a potential merger between the Indian telecom business of Sistema Shyam TeleServices Ltd and RCOM through a stock swap," the company said in a statement. The discussions, it said, are ‘indicative and non-binding in nature, and ... Rediff.com, 1 month ago
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