SSTL launches mobile broadband services in Andhra
March 23rd, 2011 - 8:49 pm ICT by IANSHyderabad, March 23 (IANS) Sistema Shyam Teleservices Limited (SSTL) Wednesday launched its high-speed mobile broadband service MBlaze in Andhra Pradesh.
SSTL’s chief sales officer Atul Joshi said the broadband service was being rolled out in Hyderabad, Vijayawada, Vishakhapatnam, Tirupati, Guntur, Warangal, Rajahmundry and Kakinada.
SSTL is now the first telecom player to provide high speed mobile Internet services on Tirumala Hills in Chittoor district.
The firm, which has so far invested over $2.2 billion (Rs.9,866 crore) in India, is investing about Rs.30 crore for rolling out data services across Andhra Pradesh.
Joshi said SSTL may raise funds through an Initial Public Offer (IPO) this year in order to expand its services in the country.
He also denied receiving any notice from the Telecom Regulatory Authority of India (TRAI) cancelling the 2G spectrum licence granted to it.
SSTL is a joint venture between Sistema of Russia and Shyam Group of India and offers its telecom services under the MTS brand.
The firm currently offers high speed mobile broadband services in over 130 towns across India.
- MTS launches mobile broadband service in 20 towns - Feb 20, 2012
- MTS launches advanced broadband service - Sep 01, 2011
- MTS to spend Rs.100 crore on data services in Gujarat - Mar 03, 2011
- Sistema Shyam issues over 547 mn shares to Russian government - Mar 30, 2011
- Sistema to contest Supreme Court verdict on 2G licence - Feb 03, 2012
- SSTL files review petition in Supreme Court - Mar 02, 2012
- Sistema gives India 6 months to settle 2G licences row - Feb 28, 2012
- Sistema Shyam to decide on IPO by year-end - Sep 06, 2010
- MTS launches zero paisa plan to retain customers - Feb 09, 2012
- Russian Sistema's India unit to appoint banks for IPO - Mar 15, 2011
- Sistema-Shyam launches MTS in Gujarat - Dec 03, 2010
- Russia's Sistema to float public issue for Indian telecom arm - Aug 11, 2010
- Russia, India to discuss Sistema licence during BRICS summit - Mar 26, 2012
- Foreign investor sentiment will not be affected: Sibal - Feb 08, 2012
- MTS subscriber base crosses 5 million mark - Jun 23, 2010
Tags: andhra pradesh, atul, broadband services, chief sales officer, crore, first telecom, guntur, hyderabad, initial public offer, joshi, kakinada, mobile internet services, rajahmundry, shyam, telecom player, telecom regulatory authority, telecom regulatory authority of india, telecom services, teleservices, vijayawada