Sistema News

RCom, Sistema in talks to merge telecom business in India

Reliance communications and AFK Sistema have entered into exclusive discussions on potential merger between the SSTL and RCOM through a stock swap.

PM to embark on visit to Russia,China from Oct 20

A number of pacts are expected to be inked in key areas of trade,business and energy.


Vodafone seeks FIPB nod to hike India stake to 100%

British telecom giant to buy out minority partners for Rs10,141 cr.

Telecom Commision endorses 100% FDI in telecom

Allowing full foreign ownership will mean companies such as Vodafone will not need Indian partners.

Russia wants BIPA revised,proposal with FinMin

* After Sistema,Russia wants 'more effective and workable' deal

Sistema wins spectrum in 8 circles for Rs 3,639 crore

The finance ministry had previously targeted Rs 40,000 crore from spectrum auction


Russia threatens arbitration on 2G license cancellation for Sistema

Stepping up pressure on India,Russia today warned it that it will go for international arbitration if the issue of cancellation of 2G licence involving Russian telecom giant Sistema was not resolved in Indian courts.

Telecom auction reaction: 'No business case in buying airwaves at high price'

Sistema decided to stay from the auction while RIL also refrained from participating in the process.

Sistema to stay out of 2G bid,pins hopes on SC ruling

* In a surprise move,Reliance Industries also did not bid for any circle

Sistema licence row could have great repercussion: Russia

Russia today said the row over its telecom firm Sistema in India will have “great repercussion” not only on bilateral cooperation but also for foreign investments in the country