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Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry | Reuters

Mar 08, 2016

Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry | Reuters

RJio and set to launch by this summer.

Analysts say the RJio threat prompted RCom to buy Russian conglomerate Sistema's mobile business - the

Reliance Communications receives CCI approval to acquire <b>Sistema</b>'s MTS brand

Feb 22, 2016

Reliance Communications receives CCI approval to acquire Sistema's MTS brand

New Delhi: Reliance Communications (RCom) today said fair trade regulator CCI has given nod to its deal to acquire Russian conglomerate Sistema's Indian telecom unit, Sistem
Reliance Communications third-quarter profit falls on lower margins | Reuters

Jan 22, 2016

Reliance Communications third-quarter profit falls on lower margins | Reuters

3.1 percent year-on-year to 52.98 billion rupees.

In November, RCom agreed to buy Sistema's Indian mobile phone business with a view to gettin

Reliance Communications Q3 profit falls on lower margins | Reuters

Jan 22, 2016

Reliance Communications Q3 profit falls on lower margins | Reuters

3.1 percent year-on-year to 52.98 billion rupees.

In November, RCom agreed to buy Sistema's Indian mobile phone business with a view to gettin

Idea Cellular launches 4G ahead of Reliance roll-out | Reuters

Dec 23, 2015

Idea Cellular launches 4G ahead of Reliance roll-out | Reuters

talks with Aircel to create India's second-largest mobile operator.

It had already agreed the acquisition of Russian conglomerate Sistema's mobile phone business in November

RCom in exclusive talks with Aircel to consolidate their mobile businesses

Dec 23, 2015

RCom in exclusive talks with Aircel to consolidate their mobile businesses

already in the process of buying Indian mobile telephony business of Sistema Shyam Teleservices under MTS brand.According to sources, there will be a separate entity as a result of a potenti
Reliance Comm and Aircel in talks to merge Indian mobile businesses | Reuters

Dec 22, 2015

Reliance Comm and Aircel in talks to merge Indian mobile businesses | Reuters

details of the proposed transaction have not been disclosed.

In the first sign of sector consolidation, Reliance Communications last month agreed to buy Russian conglomerate Sis

Reliance Comm and Aircel in talks to merge Indian mobile businesses | Reuters

Dec 22, 2015

Reliance Comm and Aircel in talks to merge Indian mobile businesses | Reuters

details of the proposed transaction have not been disclosed.

In the first sign of sector consolidation, Reliance Communications last month agreed to buy Russian conglomerate Sis

RCom Q2 profit misses estimate | Reuters

Nov 06, 2015

RCom Q2 profit misses estimate | Reuters

Sistema's Indian mobile phone business earlier this week, came in at 53.24 billion rupees. Last year, the company's revenue was 52.87 billion rupees.

#Business
Telecom firms gear up for deals as competition heats up | Reuters

Nov 03, 2015

Telecom firms gear up for deals as competition heats up | Reuters

Communications (RCom), owned by Ambani's younger brother and rival Anil, has agreed to buy Russian group Sistema's Indian mobile phone business.

"One thing is clear: India