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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.- Sistema is open to M&A in India: SSTL CEO Dmitry ShukovSistema JSFC currently holds 56.68% in SSTL, while Russian government and other foreign entities hold 17.14% and 0.13% share respectively.
- Trai recommendations to adversely impact investments: SSTLSistema Shyam Teleservices Ltd, has said telecom regulator Trai's recommendations on spectrum auction have created "ambiguity" and "policy ...
- TRAI recommendations favour incumbent 2G operators: SSTLThe recommendations for the third round of auction have favoured incumbent 2G service providers and are disrespect to MTS' investments, he ...
- Sistema Shyam Q2 loss widens Rs 1,180 crore on weak rupeeTelecom 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 r...
- Sistema Shyam Teleservices to cease all investments in MTS voice businessRussia-backed mobile operator Sistema Shyam Teleservices on Friday said it has decided to cease all investments in its voice business.
- Sistema Shyam TeleServices January-March net loss narrows to Rs 528 crSSTL, which offers CDMA services under MTS brand, had registered net loss of Rs 666.4 crore during Q1 in 2011, SSTL said in a statement.
- SSTL to finalise legal action against licence cancellationSistema Shyam Teleservices will soon finalise its legal course of action in the wake cancellation of its licences by the Supreme Court.
- Sistema Shyam TeleServices Ltd Q3 loss at Rs 1,009.7 cr; revenues jump two-foldSSTL reported a loss of Rs 1,009.7 crore for the third quarter ended September 30, while the revenues doubled during the period.
- SSTL Q3 net loss at Rs 1,009.7 cr; hit by forex chargesRevenue of the company rose to Rs 328 crore during the quarter, up 125 per cent from Rs 146 crore in the same quarter of the previous fisca...
- Sistema Shyam Tele services Ltd inks 3-yr deal with Ericsson for four circlesSSTL, which offers services under MTS brand, said it has inked a three-year managed services deal with networking gear maker Ericsson for f...
- SSTL expands its Board of DirectorsSistema Shyam TeleServices, which offers telecom services in India under the MTS brand, expanded its management board to 13 members.
- Russian CDMA biggie Sistema likely to hike stake in Sistema Shyam TeleServicesSistema 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 SSTLZTE Corporation today said it has bagged technology expansion contracts from SSTL for an undisclosed amount.
- MTS mobile services in Uttar Pradesh by early-Nov"MTS" mobile servies to launch in UP by Diwali next-month.
- Sistema Shyam mulls IPO; rings operations in MumbaiSistema Shyam TeleServices (SSTL), which owns the new mobile brand MTS, today said it will soon start working on raising funds through Indi...
- Sistema Shyam Teleservices to enter Mumbai this weekCDMA operator Sistema Shyam Teleservices, Indian arm of Russian telco Sistema, will launch services in Mumbai this week.
- Russia to buy into Shyam JVRussia will acquire 19.8% stake in the joint venture Sistema Shyam Teleservices Ltd (SSTL) between Sistema of Russia and the Shyam Group of...
- Sistema Shyam Tele in talks with Aegis BPO, HCL for contractsSistema Shyam Teleservices, joint venture between Russia's Sistema and Shyam Group, in talks with Essar-promoted Aegis BPO and HCL Technolo...
- Sistema Shyam to roll out mobile services in Delhi and Mumbai by DecemberSistema Shyam Teleservices (SSTL) , a JV between Russia’s Sistema and the Shyam Group, is targeting a 10% market share in the Indian mobile...
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