SSTL’s 20% stake sale to Russian government in Q1’11 (India,Russia)

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If sources are to be believed, Russian government will complete the deal to pick up 20% stake for $600 million in Sistema Shyam telecom joint venture by first quarter of 2011. SSTL is a joint venture between India’s Shyam Group and Russian conglomerate Sistema. Sistema-Shyam (SSTL) JV was one of the nine new telecom operators who were given licences in …

EditorSSTL’s 20% stake sale to Russian government in Q1’11 (India,Russia)