Russian Government Buys 20% of Indian Telecom Provider

Will this be good or bad for Russian consumers and businesses and the rest of the world?

"The Russian government is to buy a 20% stake in Sistema-Shyam, an Indian telecom service provider. The total value of the deal amounts to RUB 34.3bn ($1bn).
Sistema is the major shareholder in Shyam Telecom and operates under the Rainbow logo."

Original source where I copied this information is http://www.itandtelecompoland.com/next.php?id=71360. This was predicted in the middle of March 2009 in the Reuters UK news.
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May 14, 2009 4:54 PM | 0 Comments | 0 TrackBacks

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