Sistema to Strike $3Bln Deal

Moscow Times 17 September 2012 AFK Sistema will acquire a controlling stake in Indian mobile operator Aircel Communications for around $3 billion, the Economic Times reported, citing two persons familiar with the deal. Currently, Malaysia’s Maxis Communications...

Maxis in talks to sell India unit to Sistema

IndiaPE.com 21 July 2012 Malaysia’s Maxis Communications Bhd. has held preliminary discussions with bankers representing Sistema JSFC about the sale of its Indian unit Aircel Ltd. to the Russian firm, the Economic Times reported Wednesday, citing an executive close to...