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    RCOM to Merge with Sistema Shyam Teleservices

    Reliance Communications to merge with Sistema Shyam Teleservices, SSTL will get around 10% stake in combined entity. With this merger RCOM will get access to 850 MHz airwaves in 8 potential circles. Besides the stock, RCOM won’t take on any loans from pureplay CDMA carrier’s books, a relief to investors worried about the company’s debt,…

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