Sistema to seek nod afresh to up foreign holdingSSTL’s comments come amid news of the FIPB rejecting its application to increase foreign holding beyond 74 per cent for a second time.
DoT may seek funding, shareholding data from SSTL for FDI hikeSSTL, which operates under MTS brand, has sought approval of the FIPB to raise FDI limit in the firm from 73.95 at present.
SSTL receives third carrier in 800 Mhz spectrum band from DoTSSTL said it has received third carrier in the 800 Mhz spectrum band from the Department of Telecom (DoT) which will allow the company to l...
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.
DoT to take Law Ministry views on legality of SSTL operationsSSTL said that the auctions done on the said dates were for the GSM spectrum (1800 Mhz), while it is a CDMA operator.
DoT entitled to levy fine on SSTL: Additional solicitor generalASG has said that SSTL was not entitled to continue rendering telecom services after February 15, as all of its 21 permits stood expired.
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 intends to continue operations beyond January 18, 2013SSTL had filed curative petition before the apex court seeking reinstatement of its licences in May, and it is yet to come for hearing.
- 'Sistema can now start legal proceedings against India'
SSTL today said its partner Russia's Sistema is now "technically" empowered to start legal proceedings against India under BIPA to protect ...
- SSTL not in talks to acquire any telecom operator, says company
"SSTL are not in discussions to acquire to any telecom service provider at this point of time," a company spokesperson said.
- SSTL Q4 net loss widens to Rs 1,197.7 crore
Sistema Shyam TeleServices Ltd (SSTL) today said its net loss widened to Rs 1,197.7 crore for the fourth quarter ended December 31.
- Sistema Shyam Teleservices to raise up to Rs 6,000 crore
SSTL said it is planning to raise up to Rs 6,000 crore to finance "expanding business operations" across the country.
- SSTL posts Q2 net loss of Rs 657.6 cr, revenue up 164 pc
The company had posted a net loss of Rs 661.3 crore for the same quarter of the previous fiscal, SSTL said
- Sistema Shyam Tele services Ltd inks 3-yr deal with Ericsson for four circles
SSTL, which offers services under MTS brand, said it has inked a three-year managed services deal with networking gear maker Ericsson for f...
- Russian CDMA biggie Sistema likely to hike stake in Sistema Shyam TeleServices
Sistema may soon hike its stake in its Indian mobile JV, Sistema Shyam TeleServices Ltd (SSTL), to meet a portion of the company's financin...
- ZTE bags telecom equipment contract from SSTL
ZTE Corporation today said it has bagged technology expansion contracts from SSTL for an undisclosed amount.
- Sistema Shyam Teleservices Limited to go for IPO shortly
SSTL, provider of high-speed mobile broadband services, is expected to raise funds through an IPO this year.