Moscow, Russia – June 15, 2015 – Sistema JSFC (“Sistema” or the “Company”) (LSE: SSA) today announces that it has entered into exclusive discussions with Reliance Communications (RCOM) on a potential merger between the Indian telecom business of Sistema Shyam TeleServices Ltd. (SSTL) and RCOM, through a stock swap. The discussions are indicative and non-binding in nature, and remain subject to due diligence, definitive documentation and approvals, as may be necessary. There is no certainty that any transaction will result.
For further information, please visit www.sistema.comor contact:
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Investor Relations
Evgeniy Chuikov
Tel: +7 (495) 692 11 00
ir@sistema.ru |
Public Relations
Sergey Kopytov
Tel.: +7 (495) 228 15 27
kopytov@sistema.ru
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