Articles tagged with: Mts and Sistema

Moody's: Spectrum auction result is credit positive for Sistema

­Moody's Investors Service has today said that the result of a recent auction for mobile spectrum in India is credit positive for Sistema as it implies that the company will need to make only moderate additional investment to retain its business in India, while it also provides growth opportunities due to technological neutrality of the won spectrum.  more

Related Tags: apple-iphone, android, samsung


Fitch Affirms the Debt ratings of Russia's MTS with Stable Outlook

Fitch Ratings has affirmed Russia's Mobile Telesystems (mts) Long-Term Issuer Default Rating (IDR) at 'BB+'. The Outlook is Stable.  more

Related Tags: location-based-services, lbs


Fitch Affirms Sistema at 'BB-'; Outlook Stable

Fitch Ratings has affirmed the debt ratings of Russia's Sistema at 'BB-'. The Outlook is Stable.  more

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Russia Threatens Arbitration Over Indian 2G Licenses Scandal

­The Russian government has warned India that it may seek International Arbitration if the the 2G licenses held by Russian telecom giant Sistema are not restored by the local courts.  more

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MTS Sells Majority Stake in Content Portal to its Controlling Shareholder

­Russia's mts has sold a majority stake in its content website service, Stream.ru (formerly Omlet.ru) to its controlling shareholder, Sistema.  more

Related Tags: Russia


MTS India to Raise $1.2 Billion from Shareholders

­Russia's Sistema has announced that its Indian subsidiary has approved plans to increase its authorised capital from INR 60 billion to INR 120 billion (US$2.36 billion) by issuing INR 60 billion (US$1.18 billion) worth of new shares.  more

Related Tags: sstl, India


Fitch Revises MTS to Stable from Positive

Fitch Ratings has revised Russia-based mts's debt outlook to Stable from Positive  more

Related Tags: Russia


Sistema May Sell Stake in Russia's MTS if Offer is Made

­Russian conglomerate Sistema is mulling options to sell its controlling 52.8% stake in its mobile network subsidiary, mts after it abandoned plans to buy a 50% stake in pay TV operator Kosmos TV.  more

Related Tags: Russia


Mikhail Shamolin Steps Down as CEO of Russia's MTS With Immediate Effect

­In a surprise move, Russian mobile network operator, mts has changed its CEO. The current boss, Mr. Mikhail Shamolin is stepping down from the role as he is expected to be appointed to the position of President and CEO of Sistema at its board meeting tomorrow. Sistema is the controlling shareholder in mts.  more

Related Tags: mikhail-shamolin, andrei--dubovskov, Russia


Russian Government to Buy 20% in Indian Mobile Network Operator

­An arm of the Russian government is expected to complete a long-planned investment and buy a 20% stake in the Indian mobile network, Sistema Shyam Teleservices (SSTL), which trades under the mts brandname.  more

Related Tags: sstl, sistema-shyam-teleservices, telecom, sistema-shyam, India


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