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SISTEMA SHYAM BACK
Here's how India's telecom industry is undergoing transition over the yearsIn 2008 March 2013: Sistema Shyam wins back airwaves in 8 circles in second round of 2G auctions. Is reduced to a 9-circle player- DoT's approval for SSTL-RCOM merger likely in Q4: SistemaThe Russian conglomerate, however, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger ...
- DoT nod for SSTL merger with RCom likely in 4Q, 2016: SistemaThe Russian conglomerate, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger process.
- Supreme Court to decide fate of Reliance Communications and Sistema's mergerRussian newswires have quoted SSTL’s parent, Sistema JSFC reportedly voicing apprehensions that “the procedure of hearing in SC is being st...
- Russia's Sistema to acquire 17 per cent of its subsidiary in IndiaUnder the agreement, the payment for the shares will be made to the Russian budget in installments over a period of five years, Sistema sai...
- SSTL names Ilya Kosolapov as chief finance officerSSTL has named Ilya Kosolapov as CFO who takes over at a time the Indian unit of Russia's Sistema JSFC is speeding up its merger with Relia...
- Anil Ambani-led Reliance Communications mulls merger with Sistema Shyam's MTSThe firms had entered into talks in May for a possible merger of their operations via a stock swap, where MTS could get a stake of 8-10% of...
- 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
- Reliance Communications shares reverse early gains on profit-bookingRCom will offer shares in the company to Sistema Shyam TeleServices in return for acquiring spectrum and customers in nine telecom circles ...
- Sistema CEO Mikhail Shamolin warns CDMA base price to hurt India operationsThe way GSM and CDMA platforms are evolving, the long-term roadmap for both leads to LTE or `long-term evolution' (a 4G technology), he sai...
- 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.
- Sistema Shyam Teleservices may get notice over services rolloutThe DoT plans to issue a show cause notice to Sistema Shyam Teleservices for failing to meet its third-year rollout obligations in Jammu & ...
- Sistema's plan to raise India stake faces snag over deal structureSistema's proposal to raise its stake in its Indian unit beyond 74% has hit a hurdle with DoT saying that plan will need an approval from R...
- Sistema JSFC’s plan to raise India stake faces snag over deal structureSistema’s proposal to raise stake in its Indian unit beyond 74% has hit a hurdle with the telecom department saying that it needs RBI's app...
- Sistema JSFC seeks nod to up stake in India arm SSTL to 100%Sistema JSFC has sought govt approval to raise its stake up to 100% in Sistema Shyam Teleservices, becoming the second telco after UK’s Vod...
- Sistema to oppose Trai move to raise CDMA airwave pricesSistema Shyam, which is the Indian unit of Russian conglomerate Sistema, is among the few telcos offering pure-play CDMA services under the...
- Quashed mobile permits: Sistema sets deadline for governmentRussian conglomerate Sistema warned that failure to resolve the issue would hit diplomatic ties between the countries.
- Sistema threatens to exit India if Trai's proposal to auction is acceptedSistema has warned it will pull out of India if the government accepts the telecom regulator's latest proposals to auction CDMA airwaves.
- Sistema threatens to shut operations in India if govt accepts Trai recommendationsSistema has warned it will pull out of India if the govt accepts the Trai's latest proposals to auction CDMA airwaves at more than Rs 4,708...
- Russia may acquire stake in Indian telecom firm: ReportRussia's government is considering investing $680 million in an Indian telecom firm to help out the majority Russian owner.
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