Sistema Shyam Archives - Mobile World Live

Sistema Shyam

India Focus: Auctions enter 4th week, attract $17B in bids; Delhi asks IT ministry to block taxi-hailing apps & more

Mobile World Live’s Asia editor Joseph Waring provides a regular update on developments in the …

India’s SSTL opts not to bid in auctions

Sistema Shyam TeleServices Ltd (SSTL) announced today it will not bid in the spectrum auctions …

Indian authorities look overseas in licence probe

The Indian authorities have apparently begun talks with overseas governments about transactions involving Indian mobile phone companies, as part of its investigation into the disputed 2008 2G licensing process.

New Indian player plans US5B investment and IPO

New Indian CDMA operator Sistema Shyam Teleservices says it will invest US$5 billion in its network over the next five years and is planning an IPO within 18 months, reports India’s Economic Times.

Sistema targets 40M subs

Dow Jones Newswires reports that new Indian operator Sistema Shyam aims to have 40 million new subscribers in the next three-five years, up from just 500,000 today.