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...
18 Aug, 2016, 01.27 AM IST
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...
28 Jun, 2016, 04.27 AM IST
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...
17 Dec, 2015, 08.53 PM IST
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...
31 Oct, 2015, 06.07 PM IST
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
05 Sep, 2015, 03.07 AM IST
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 ...
16 Jun, 2015, 06.27 PM IST
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...
15 Jan, 2015, 03.01 PM IST
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.
25 Nov, 2014, 02.46 PM IST
- Sistema Shyam Teleservices may get notice over services rollout
The DoT plans to issue a show cause notice to Sistema Shyam Teleservices for failing to meet its third-year rollout obligations in Jammu & ...
04 Jul, 2014, 06.18 AM IST
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...
09 Jun, 2014, 04.26 AM IST
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...
07 Jun, 2014, 03.44 PM IST
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...
07 May, 2014, 09.07 AM IST
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...
12 Feb, 2014, 09.11 AM IST
Quashed mobile permits: Sistema sets deadline for governmentRussian conglomerate Sistema warned that failure to resolve the issue would hit diplomatic ties between the countries.
10 Dec, 2012, 04.00 AM IST
- Sistema threatens to exit India if Trai's proposal to auction is accepted
Sistema has warned it will pull out of India if the government accepts the telecom regulator's latest proposals to auction CDMA airwaves.
18 May, 2012, 04.38 AM IST
- Sistema threatens to shut operations in India if govt accepts Trai recommendations
Sistema 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...
17 May, 2012, 10.28 PM IST
- Russia may acquire stake in Indian telecom firm: Report
Russia's government is considering investing $680 million in an Indian telecom firm to help out the majority Russian owner.
18 Mar, 2009, 04.05 PM IST