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title: Sistema and RCom discussing Indian merger - Developing Telecoms
description: Indian operator Reliance Communications and Russian investment group Sistema are holding “exclusive discussions” over a possible merger of their Indian operations.
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 [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)## Sistema and RCom discussing Indian merger

 

 

   Details    James Barton    Category: [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)     16 June 2015     8814 views   

 

  ![](https://developingtelecoms.com/images/stories/Company_Logos/800x600/Reliance_Communications_600.jpg)  

 

Indian operator Reliance Communications and Russian investment group Sistema are holding “exclusive discussions” over a possible merger of their Indian operations.

Sistema’s SSTL unit, which operates as MTS India, has 8.9 million connections – making it substantially smaller than RCom, which has 109.5 million.

According to Sistema, the discussion is currently “indicative and non-binding in nature”, meaning that a deal is far from certain.

If an agreement is reached however, the deal will consist of a stock swap. Reports have suggested that SSTL would take a small holding – less than 10% - in the merged unit unless it decides to invest more for a larger share.

 

 

   
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