Articles tagged with: Sistema Shyam Teleservices

MTS India Revenues Post First Quarterly Decline

­India's Sistema Shyam TeleServices (MTS India) has reported its third-quarter financial results, and announced that its revenues rose by 23% to INR 4.04 billion compared to a year ago, but were down by 3.3% compared to the previous quarter.  more

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India's SSTL Not Looking to Acquire Another Mobile Network Operator

­India's Sistema Shyam Teleservices (SSTL) has denied that it is looking at aquiring another mobile network as it seeks to reenter the market following the cancellation of its GSM licenses by the Supreme Court.  more

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MTS India Quarterly Losses Shrink on Subscriber Growth

­India's Sistema Shyam Teleservices (which trades as MTS India) has announced a 72% rise in its quarterly revenues of INR 4.07 billion (US$81 million), while its net loss shrank by 21% to INR 5.28 billion (US$94 million).  more

Related Tags: mts-india, India


MTS India Raises $158 Million Loan

­India's Sistema Shyam TeleServices Limited (SSTL) -- that operates as MTS India -- has raised a loan amounting to INR 1280 Crore (US$158 million) through Non Convertible Debentures (NCD). Deutsche Bank is the lead banker of the issue.  more

Related Tags: mts-india, sistema-shyam-teleservices-limited, India


Ericsson Extends Managed Services Agreement with MTS India

­India's Sistema Shyam Teleservices -- which trades under the MTS brand -- has extended its current managed services contract with Ericsson. The extension adds four new circles of CDMA wireless networks and a new three-year contract including the management of fiber transport and wireline networks in Rajasthan.  more

Related Tags: sstl, ericsson, managed-services, sistema-shyam, India


MTS India Sees Losses Rise on Higher Revenues

­Indian mobile network Sistema Shyam TeleServices, which trades as MTS India, has reported that its first quarter revenues jumped by 201% to INR 2.36 billion (US$52 million), although losses also widened, by 63% to INR 6.66 billion (US$147 million).  more

Related Tags: sistema-shyam, India


MTS India Delays Stock Market Floatation

­Indian mobile network, Sistema Shyam TeleServices (SSTL) - which operates under the Russian MTS brand - has delayed plans for a stock market listing due to the ongoing uncertainty caused by the telecoms license scandal in the country.  more

Related Tags: sistema-shyam, India


ZTE Wins Indian CDMA Upgrade Contract

­China's ZTE says that it has won a CDMA EV-DO Rev.B Phase 2 commercial contract from India's Sistema Shyam TeleServices - which trades as MTS India. The EV-DO Rev.B Phase2 commercial launch will commence in Rajasthan.  more

Related Tags: mts, zte, cdma, sistema-shyam, India


Three Indian Networks Served License Revocation Notices

­The Indian government has issued formal termination notices to three of the country's mobile networks, Aircel, D B Etisalat and Sistema Shyam Teleservices (which trades as MTS) for failure to meet their rollout obligations in eight of the country's regional license circles.  more

Related Tags: aicel, d-b-etisalat, termination, sistema-shyam, India


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: mts, sstl, sistema, telecom, sistema-shyam, India


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