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SSTL UNITECH GROUP
RCOM, Sistema to merge in all-stock deal; SSTL to get around 10% stake in combined entityReliance Communications is merging the telecom business of Sistema Shyam Teleservices (SSTL) with itself in a cashless deal worth around Rs...- Reliance Communications in exclusive merger talks with Sistema Shyam through a stock swap"The discussions are indicative and non-binding in nature, and remain subject to due diligence, definitive documentation and approvals," RC...
- Telcos asked to inform subscribers about service terminationThe closure of services from these telecom operators will have impact around 2.6 crore customers.
- Bharti Airtel, Videocon to bid for spectrum; Reliance Industries, Sistema stay awaySources at the Department of Telecommunications confirmed that Bharti Airtel has submitted application to bid for airwaves frequencies at p...
- 2G case: DoT to seek MEA, FinMin views on foreign investors' issuesDoT is in process to seek opinion of the AG, the nation's highest law officer, on whether cancellation of 2G licences by the Supreme Court ...
- DoT to seek Attorney General's opinion on possible suits by foreign telcos like Telenor, SistemaDoT is likely to seek a legal opinion on whether foreign investors like Sistema of Russia and Norway's Telenor can claim damages from India.
- 2G case: Sistema, Uninor moves SC seeking review of verdictSistema Shyam TeleServices Ltd and Uninor moved the Supreme Court seeking a review of the verdict canceling its licenses for 2G spectrum.
- Government, Raja, telcos ask Supreme Court to reconsider 2G orderThe government has asked the Supreme Court to review its ruling that bars the state from allocating natural resources on first-come-first-s...
- Investors have not lost confidence in telecom sector: Kapil SibalSibal today said foreign investors have not lost confidence in the sector and will participate in the auction of the airwaves freed by the ...
- 2G case: New operators shocked by SC verdict; may file review petitionThe affected companies whose licences are cancelled include Uninor, Sistema-Shyam, Videocon, Loop Telecom, Idea Cellular, Etisalat DB among...
- DoT for review of TRAI recommendations to cancel 69 licencesThe Telecom Ministry will soon seek a review of the recommendations by TRAI for cancelling 69 licences as operators had failed to roll-out ...
- 2G scam: Trai asks govt to annul 62 licences for rollout delaysTelecom regulator has asked the govt to cancel 62 of the 122 licences issued by A Raja in 2008 because of delay in launching services. .
- New Telcos face rough rideTelecom was supposed to be the new boom sector and, initially, the government had rolled out the red carpet for new entrants.
- TechM, IBM, TCS in race for $400-mn Sistema dealTech Mahindra, IBM & TCS are vying for $400 mn IT outsourcing contract from Sistema Shyam Teleservices. Key facts on IT industry I Top 10 I...
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