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2G: Telecom head honchos quizzed by CBI

 Continuing its probe in the 2G spectrum allocation scam, the Central Bureau of Investigation questioned two top telecom honchos besides close aides of former Telecom Minister A Raja, including his......

Russia to buy stake in Sistema ShyamTele

 Russia will acquire 19.8 per cent stake in Sistema Shyam Teleservices Ltd, a joint venture between Sistema of Russia and Indian entity Shyam Group, for $676 million (around Rs 3,150 crore). The......

RCom, Sistema in talks to merge telecom biz in India

 Anil Ambani-led Reliance Communication on Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap. "Reliance......

Sistema wins spectrum in 8 circles for Rs 3,639 cr

 Russian conglomerate Sistema's Indian unit on Monday won telecom spectrum in eight circles or zones for Rs 3,639 crore (Rs 36.39 billion) in an auction shunned by all other companies.Sistema Shyam......

Rates will double due to higher price of spectrum, Rozanov

 Sistema Shyam Teleser-vices boss Vsevolod Rozanov predicts rates in the mobile space will double because of the higher price of spectrum to be paid through an auction process by operators.Sistema......

Telecom shares led by Bharti Airtel surge

 Shares of telecom companies led by Bharti Airtel on Wednesday surged as much as three per cent on the bourses amid reports that the government is likely to cut the reserve price for airwaves after......

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