RCom-SSTL merger highlights uncertainty in spectrum rules

Reliance Communications’ (RCom) planned merger with Sistema Shyam Teleservices (SSTL) may help give it the scale to better compete with the top three operators, but the potential move highlights the country’s ambiguous spectrum holding rules, the Economic Times said. The …

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Rcom and Sistema confirm merger talks

Russian investment firm Sistema has entered into “exclusive discussions” with Reliance Communications about a potential merger of their Indian telecoms businesses. In terms of connections, Rcom is significantly bigger than SSTL (which trades as MTS India) – 109.5 million wireless …

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M&A activity picks up in India, Airtel looks to acquire Augere

Consolidation appears to be on the horizon in India’s telecoms market – the second largest in the world, with 12 operators serving 940 million mobile connections – as Bharti Airtel looks to expand its 4G footprint and smaller players enter merger talks. India’s largest …

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India Focus: Auctions enter 4th week, attract $17B in bids; Delhi asks IT ministry to block taxi-hailing apps & more

Mobile World Live’s Asia editor Joseph Waring provides a regular update on developments in the second-largest mobile market in the world: Auctions enter 4th week, attract $17B in bids India’s spectrum auctions, after three weeks and 110 bidding rounds, have …

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India’s SSTL opts not to bid in auctions

Sistema Shyam TeleServices Ltd (SSTL) announced today it will not bid in the spectrum auctions next month because of the high reserve price of the 800MHz band and other unresolved issues with the Department of Telecom (DoT) related to the …

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