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Sistema Shyam TeleServices Ltd News

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Shares of Reliance Communications (RCom) surged over 6 percent Monday after the company announced the acquisition of Russian conglomerate Sistema's Indian telecom unit in an all-stock deal that will create an operator with 118 million subscribers.
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Reliance Communications (RCom), India's fourth-largest telecom operator, Monday announced the acquisition of Russian conglomerate Sistema's Indian telecom unit in an all-stock deal that will create an operator with 118 million subscribers.
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Anil Ambani-led Reliance Communication Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap.
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Sistema Shyam TeleServices Ltd (SSTL), which provides telecom services under MTS brand, has tied up with Nodwin Gaming to launch an online, multiplayer, video gaming platform -- Gamegod.






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