Sistema

  • MTS to offer local, STD calls for 10 paise per minute September 4, 2013

    New Delhi: Telecom service provider Sistema Shyam Teleservices, which operates under brand name MTS, on Wednesday announced a new plan for local and STD calls within its network for 10 paise per minute. The company will also offer local and national SMS for 10 paise under the same plan. "We...
  • Govt issues fresh spectrum to Vodafone in 14 circles June 20, 2013

    New Delhi: Government has allocated spectrum to Vodafone in all 14 service areas, where the telecom major won in November 2012 auction for Rs 1,127.94 crore. "The spectrum has been allocated to Vodafone on June 18. After this, Wireless Operating Licence will be issued to Vodafone," official sources told reporters. Vodafone...
  • 'Spectrum auction ends; no bids for Mumbai, Maharashtra, UP East' March 11, 2013

    New Delhi: The government will get around Rs 3,639 crore from the 2G spectrum auction for CDMA services, which ended on Monday with Russian conglomerate Sistema's Indian unit SSTL being the only bidder. However, the government may not get any upfront payment as Rs 1,626 crore has to be adjusted against...
  • 2G spectrum auction: SSTL puts in bids worth Rs 3,639 cr till 2nd round March 11, 2013

    New Delhi: The government has received bids worth Rs 3,639 crore from lone bidder Sistema Shyam Teleservices (SSTL) till the second round of the 2G spectrum auction for CDMA services. Sources said bids were received for three blocks in each of eight circles, including Delhi. There was no bid for...
  • 2G spectrum auction: SSTL bids for 8 circles March 12, 2013

    New Delhi: Lone bidder Sistema Shyam Teleservices (SSTL) on Monday bid for eight circles in the 2G spectrum auction for CDMA services. The second round of auction is underway and it is expected that it will end by the third round, which could be the shortest online sale of radiowaves...
  • 'Uncertainty will be resolved, spectrum will be auctioned' March 1, 2013

    New Delhi: Finance Minister P Chidambaram on Thursday expressed confidence that the present uncertainty in the telecom sector will be resolved and spectrum will be auctioned. "For the present there is lot of uncertainty about auction but I am sure that this uncertainty will be resolved and spectrum will be...
  • Spectrum auction base price too high in India: Vodafone CEO February 27, 2013

    Barcelona: Vodafone, which has not applied for taking part in spectrum auction in March, on Tuesday said the reserve price set is too high and the company cannot afford to pay in India where there is uncertainty about airwaves and revenues are low. "The problem is that in India there...
  • Telecom firms not part of new 2G auction won't operate: SC February 15, 2013

    New Delhi: The Supreme Court on Friday ruled that the telecom firms whose licences were cancelled and didn't participate in fresh auction for 2G spectrum will cease to operate forthwith. Sistema and Tata Tele were among those who did not bid in the auction. The court also ruled that the telecom...
  • 2G: SC dismisses pleas of A Raja, telecom companies February 14, 2013

    New Delhi: The Supreme Court on Thursday dismissed curative petitions of several telecom firms for re-examination of its verdict cancelling 122 2G spectrum licences allocated during tenure of former telecom minister A Raja. The court also denied permission to Raja to file his curative petition. The companies whose petitions were...
  • Russian Ambassdor warns Indian govt on Sistema July 21, 2012

    The Sistema - Shyam telecom license cancellation threatens to cast a long shadow over India-Russia ties. CNBC TV18’s Siddharth Zarabi caught up with Alexander M Kadakin, the second time Ambassador of the Russian Federation to India. In his first exclusive TV interview on the recent developments, Kadakin warned that Russia...
  • 2G: Russia ups the ante on Sistema licence cancellation July 21, 2012

    The Russian Ambassador to India has warned that if Sistema, which has a joint venture with Shyam TeleServices, is not allowed to do business in India, then Indian investments in Russia may be hit. ...
  • Govt to sell more airwave slots in 2G auction June 6, 2012

    New Delhi: A ministerial panel decided to auction a higher number of slots in an upcoming sale of second generation(2G) radio airwaves than that proposed by the Telecom Regulatory Authority of India(TRAI), a government official said, although no decision was made on the base price for the auction. The panel decided...
  • Kudankulum, Sistema figures in Medvedev-Singh talks March 29, 2012

    New Delhi: Seeking to address concerns in Russia over cancellation of 2G licence involving telecom company Sistema, Prime Minister Manmohan Singh on Thursday assured President Dmitry Medvedev that the Government is making efforts to ensure safety of foreign investments in the country. Singh and Medvedev reviewed the progress of Russia-built Kudankulam...
  • Settle 2G dispute in 6 months: Sistema to govt February 29, 2012

    New Delhi: Invoking bilateral investment treaty, Russian conglomerate Sistema on Tuesday said it has asked the Indian government to resolve within six months the dispute related to the cancellation of 21 telecom licenses of its local joint venture. Sistema, Russian billionaire Vladimir Evtushenkov's holding firm, sought resolution of Sistema Shyam TeleServices...
  • 2G: DoT may send licence termination letters February 10, 2012

    New Delhi: Following Supreme Court order that cancelled 122 2G licences terming them as illegal, the telecom ministry is likely to send letters to new operators for termination of their licences. This was discussed in the Department of Telecom's internal meeting to discuss the implications of the Supreme Court order and...
  • ED launches a global hunt for 2G bribes March 10, 2011

    New Delhi: The CAG started the 2G fire and the Supreme Court is stepping on the gas. It looks like the ED is zeroing in on the 2G beneficiaries nested in tax havens. CNN-IBN has accessed Letters Rogatory sent by the Enforcement Directorate to find out the real beneficiaries in the...
  • Telecom firms pay Rs 73.73 crore as penalty January 1, 2011

    New Delhi: The government has collected Rs 73.73 crore as penalty from new telecom operators for missing the network roll-out deadline, but is still keeping open the option of cancelling the licences. "Total penalty is about Rs 219 crore for missing roll-out obligations. We had generated demand for over Rs 78...
  • India cellular market booms, but not for operators June 30, 2010

    Mumbai/Delhi: If India's cellular revolution is a boon to consumers, it has become a nightmare for operators that is likely to get worse before it gets better. Consolidation in the 15-player market, which is the world's second-largest with more than 600 million users and growing by 16 million a month, looks...