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Consolidation in India as RCom buys Sistema Shyam

2015-11-02 01:00:00| Total Telecom industry news

Russia's Sistema will take a 10% stake in RCom following merger of assets.

Rcom, Aircel, Sistema in three-way tie-up talks

2015-10-22 02:00:00| Total Telecom industry news

Possible merger would reportedly see Aircel parent Maxis take biggest stake in what would be India's second-largest mobile operator.

Tags: sistema talks rcom threeway

MTS to acquire NVision from Sistema

2015-07-20 11:11:00| Telecompaper Headlines

(Telecompaper) Russian operator MTS announced an agreement to acquire NVision group. NVision is the developer and owner of the MTS billing system and one of the largest system integrators and IT providers in Russia. MTS is buying NVision from their parent company Sistema for an enterprise value of up to RUB 15 billion, including debt. In the first stage of the transaction, MTS has acquired the NVision subsidiaries Sitronics Telecom Solutions and NVision Czech Republic. The transaction gives MTS control over its billing system, which should help reduce time-to-market for new products and reduce billing and IT-related expenses, the operator said. NVision Group's expertise will enable MTS to accomplish three key objectives: improve service for MTS subscribers through enhancements to the billing platform; strengthen its position in the corporate market by offering clients complementary IT and integration solutions; and reduce spending on in-house IT through the realization of economies of scale. NVision counts over 200 customers and partnerships with the world's leading software developers and equipment vendors. Its projects include the deployment of IT infrastructure, implementation of control systems, re-engineering and automation of business processes, build-out of complex IT security systems and niche services using a cloud model.

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Sistema confirms talks to sell MTS India to RCom

2015-06-15 14:46:00| Telecompaper Headlines

(Telecompaper) Russian conglomerate Sistema has entered talks to sell its Indian mobile operator to Reliance Communications. The company confirmed it was in exclusive talks with RCom to merge Sistema Shyam TeleServices, which operates under the name MTS India, with its larger rival. Sistema would receive a stake in RCom as payment. Sistema said the talks are at an early stage and any deal remains subject to due diligence. MTS India operates on a limited scale in India, in just nine states including the Delhi area. While the company has been growing since the introduction of 3G, it remains loss-making and lacks the scale to compete with bigger operators in India. In addition to its around 9 million customers, the takeover would give RCom additional spectrum licences in key markets.

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