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Set 80% of 1800 MHz auction price as base price for 800 MHz: SSTL

Last Updated: Wednesday, May 14, 2014, 18:52

Sistema Shyam Teleservices Ltd also expressed interest in expanding its services in all the service areas across India, if the government's pricing is right.

Trai recommendations to adversely impact investments: SSTL

Last Updated: Wednesday, October 02, 2013, 18:39

Sistema Shyam Teleservices Ltd, has said telecom regulator Trai's recommendations on spectrum auction have created "ambiguity" and "policy uncertainty" that would adversely impact its investment plans.

Want to buy additional spectrum, invest in India: SSTL

Last Updated: Thursday, September 26, 2013, 18:55

SSTL has said this in a protest letter to the Telecom Regulatory Authority of India against its recommendation that there should be no auction of CDMA airwaves.

MTS aims at break-even in 2 Bengal circles by mid-2014

Last Updated: Wednesday, July 17, 2013, 16:14

"For the rest of Bengal we have already achieved break- even in the last few months. But, combined with Kolkata circle we expect to achieve break-even in mid-2014," MTS India COO (Kolkata & WB) Sandeep Marwaha said.

Sistema Shyam applies for participating in spectrum auction

Last Updated: Monday, February 25, 2013, 17:22

"SSTL is committed to its operations in India. The company today submitted its application to participate in the 800 Mhz spectrum auctions in March 2013," SSTL, which provides services under MTS brand, said in a statement.

SSTL to look at low investment model if operations continue

Last Updated: Sunday, November 25, 2012, 18:29

Sistema Shyam Teleservices Ltd (SSTL), whose 21 licences were cancelled by the Supreme Court in February, has said it will look at a business model that involves lower investments than those made in the past if its operations continue.

'Uncertainties killed innovation in Indian telecom'

Last Updated: Wednesday, November 21, 2012, 14:03

Lack of investments and uncertainties arising out of a series of corruption scandals and ambiguity in policies have killed innovation in India's telecom sector, which is negatively impacting services, according to Sistema Shyam TeleServices Ltd (SSTL).

Sistema open to acquisition in India

Last Updated: Monday, November 19, 2012, 16:46

SSTL has filed a curative petition in the Supreme Court seeking to restore its licences.

Russia threatens international arbitration on 2G licence cancellation for Sistema

Last Updated: Monday, October 29, 2012, 21:16

"If the issue of cancellation of 2G license to Sistema is not resolved in Indian courts, we will go for international arbitration," Russian Ambassodor to India Alexander Kadakin said on the sidelines of a cultural event.

Fitch lowers credit rating outlook of Shyam Telecom

Last Updated: Tuesday, June 26, 2012, 18:30

Ratings agency Fitch Ratings on Tuesday lowered the credit rating outlook of Shyam Telecom Ltd (STL) to negative from stable on the back of cancellation of 21 telecom licences of its joint venture firm, Sistema Shyam TeleServices Ltd (SSTL).

Russia forms special group to protect cos interest in India

Last Updated: Monday, June 11, 2012, 17:28

A Special Working Group will be established under Lower House of Russian Parliament (Duma) that "will develop necessary mechanisms for protection of the interests of the Russian companies working in India," Russian news agency Interfac reported Monday.

SSTL Jan-Mar net loss narrows to Rs 528 crore

Last Updated: Tuesday, May 29, 2012, 12:53

Sistema Shyam TeleServices Ltd (SSTL), whose 21 licences are among those cancelled by the Supreme Court in the 2G spectrum case, Tuesday said its net loss has narrowed to Rs 527.8 crore, while revenues have grown 72 percent for the first quarter ended March 31, 2012.