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Sistema wronged in India for no fault, says CFO Vsevolod RozanovGiven that SSTL was the only applicant for CDMA spectrum, we have insisted right since the license cancellation judgement that there is no ...- Six bankers to earn Rs 300 crore in fees for Rs 17,000 crore Vodafone India IPOAccording to sources the fee structures parallels those of deals on Viom Networks that explored several options of public listings before b...
- Sistema CEO Sergey Savchenko rejigs key posts soon after taking chargeCEO of Sistema Shyam Teleservices, Sergey Savchenko named Leonid Musatov as the company’s chief commerce officer.
- Sistema Shyam CEO Shukov quits, CFO Savchenko to take overSistema Shyam Teleservices CEO Shukov put in his papers, citing personal grounds and CFO Savchenko has been named the new chief executive
- SSTL Q2 net loss narrows at Rs 400.4 croreThe CDMA mobile carrier, which operates under the MTS brand name, had reported a Rs 402.5 cr net loss in the corresponding quarter of calen...
- Sistema Shyam Teleservices Q4 net loss widens to Rs 481.4 croreSistema Shyam Teleservices reported widening of its net loss to Rs 481.4 crore during the fourth quarter ended December 31, mainly due to c...
- SSTL Q3 net loss narrows at Rs 437.9 croreThe revenue of the company increased by 20% to Rs 342.7 crore during the reported period as compared to Rs 284.4 crore in the third quarter...
- MTS Q3 net loss narrows on data growth, cost controlsOperating loss before depreciation and amortization (OIBDA) narrowed to Rs103.7 crore from Rs219.7 crore a year earlier.
- Rising data revenue narrows SSTL's Q2 net loss to Rs 402.5 croreThe company, which operates under MTS brand name, had reported a net loss of Rs 844.7 crore for the corresponding quarter last year.
- Operation closure in 13 circle narrows SSTL Q2 loss to Rs 845 croreSSTL reported reduction in loss at Rs 844.7 crore during three months period (Q2), due to cutting down of operations in loss making circles.
- If one can manage in India, one can do so in any market: Dmitry ShukovSistema is looking for inorganic growth in the Indian market, and soon we will find a proper partner that will help us grow our business to...
- If one can manage here, one can do so anywhere: Dmitry ShukovIndian arm of Russian conglomerate Sistema JSFC could actually lead the consolidation charge once the M&A rules are clear, Dmitry Shukov sa...
- 2012 was a lost year for Indian telecom industry: Dmitry Shukov, Sistema Shyam TeleServices'Though certainty got restored about our business continuity, MTS is still to get its 3rd carrier (1.25 Mhz) spectrum which it won in the a...
- Merger talks between Tata Teleservices and MTS in advanced stage; NTT DoCoMo looking to exitThe two companies have appointed bankers - Rothschild for Sistema and StandChart for the Tata Group.
- Sistema Shyam writes down 170 crores in Q1, loss widens to 22 per centSistema earlier took a Rs 3,668 crore ($698 million) write down on its earnings for the fourth quarter and the year ended December 2011 on ...
- SSTL Q1 net loss widens to Rs 643.9 croreTelecom operator Sistema Shyam Teleservices today reported widening of net loss at Rs 643.9 crore for the first quarter ended March 31, 201...
- Sistema logs $200.9 million net profit in October-December quarterThe company had reported a net loss of $530.2 million in the corresponding quarter in 2011, the company said in a statement.
- SSTL to invest $200 mn in rolling out 4G servicesSSTL said it will start 4G services in India with fresh investments of around USD 200 million (about Rs 1,093 crore).
- Sistema Shyam's October-December net loss narrows to Rs 779 croreSistema Shyam, telecom company which operates only on CDMA platform, narrowed its losses by 35% to Rs 778.79 crore in the fourth quarter en...
- Sistema Shyam narrows Q3 loss to Rs 495 croreSistema Shyam, which provides services in the brand name of MTS, reported its net loss has narrowed to Rs 495.4 crore for the third quarter...
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