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2nd round of spectrum auction from tomorrow, SSTL lone bidder

Last Updated: Sunday, March 10, 2013, 19:35

The second round of 2G spectrum auction for CDMA services will start tomorrow and it may last just an hour as Russian conglomerate Sistema's Indian unit SSTL is the only bidder.

Telecom Min wants LawMin to be ready for any Sistema action

Last Updated: Sunday, November 04, 2012, 14:41

The telecom ministry is learnt to have asked the law ministry to firm up its opinion and take necessary steps on expected legal action by Russian conglomerate Sistema against the government.

Sistema Shyam Q2 loss widens Rs 1,180 cr on weak rupee

Last Updated: Monday, September 10, 2012, 13:41

Telecom services provider Sistema Shyam's loss has widened to Rs 1,180.1 crore for the April-June quarter this year mainly due to fall in rupee against dollar.

Sistema to take $1 billion writedown on India: Sources

Last Updated: Friday, April 20, 2012, 11:58

Russian services conglomerate Sistema will take a writedown of nearly USD 1 billion related to the suspension of its Indian licences, sources close to Sistema said on Friday.