Sistema-Shyam launches MTS in Gujarat
December 3rd, 2010 - 12:55 am ICT by IANSAhmedabad, Dec 2 (IANS) Sistema Shyam TeleServices Limited (SSTL) Thursday launched its mobile telephony brand MTS in Gujarat.
The company’s president and CEO Vsevolod Rozanov also said the company would invest Rs.100 crore over the next three months to ramp up its network in the state, reaching to over 150 dealers and 31,000 retail outlets.
“We plan to launch our high speed mobile broadband service in Gujarat by the first quarter of next year,” he added.
The company’s chief operating officer (Gujarat) Navid Rashid said customers can avail of their nationally successful 1/2 paisa per second tariff plan.
SSTL is joint venture between Sistema, one of Russia’s largest listed companies with annual revenues of $19 billion, and India’s Shyam Group. Sistema currently holds 73.71 percent share in the venture. Shyam Group holds 23.79 percent and the remaining 2.5 percent is with the public.
- Sistema Shyam issues over 547 mn shares to Russian government - Mar 30, 2011
- Russian Sistema's India unit to appoint banks for IPO - Mar 15, 2011
- Sistema Shyam to decide on IPO by year-end - Sep 06, 2010
- Russia's Sistema to float public issue for Indian telecom arm - Aug 11, 2010
- MTS launches advanced broadband service - Sep 01, 2011
- SSTL reports quarterly loss of Rs.657.6 crore - Sep 07, 2011
- Sistema Shyam expects 10 mn user base by December - Mar 25, 2010
- MTS crosses 10 million customers, re-brands itself - Mar 15, 2011
- MTS launches zero paisa plan to retain customers - Feb 09, 2012
- SSTL's quarterly net loss rises to Rs.1,197 crore - Apr 11, 2012
- MTS subscriber base crosses 5 million mark - Jun 23, 2010
- MTS launches smartphones starting Rs.4,999 - Sep 06, 2010
- Sistema to contest Supreme Court verdict on 2G licence - Feb 03, 2012
- MTS launches two Android phones for below Rs.5,000 - Aug 31, 2011
- Sistema Shyam TeleServices raises Rs.1,280 crore - Jan 12, 2012
Tags: ahmedabad, broadband service, ceo, chief operating officer, crore, first quarter, gujarat, high speed, joint venture, navid, paisa, rashid, retail outlets, rozanov, shyam, sstl, tariff plan, teleservices, three months, vsevolod