MTS India Boosted By Russian Govt – Approved USD 600mn Investment

Sistema Shyam Teleservices (SSTL), which offers mobile services in India under the brand name MTS, today announced that the Government of the Russian Federation has approved an equity investment about USD 600 million to infuse funds in the company.

The funds would be used for the expansion of MTS’s services in India. Presently it has 12 operational circles : Rajasthan, Tamil Nadu (and Chennai), Kerala, Kolkata, West Bengal and Sikkim, Bihar (and Jharkhand), Delhi, Karnataka, Mumbai, Haryana, Maharashtra and Andhra Pradesh.

According to the company officials it will launch CDMA Mobile and EVDO data services in UP (East), UP (West) and Gujarat by the end of this calender year and expects to start services across the remaining circles by 2011.

SSTL, a CDMA operator with pan-India spectrum is a joint venture between Russia’s Sistema and India’s Shyam Group. Sistema has a 73.71 per cent stake in the joint venture, while Shyam Group holds a 23.79 per cent stake in the company and the remaining 2.5 per cent is held by the public.

This Article Was Written By: Sanjay Bafna

Sanjay Bafna - Senior Editor

Sanjay Bafna is an entrepreneur and Editor at TelecomTALK covering mobile operators, 3G, Broadband, 4G, LTE, Telecom Policies & Regulations and Mobile Phones. He is well known Telecom and Mobile Analyst, Love Tea and Chocolates.

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  • Emad February 12, 2011 at 5:37 pm

    New calander year started but there is no mts EVDO in up west
    false comitment jhoota waada!
    i was waiting….. mts broad as it is cheap than tata but there is no evdo in my city only 144 kbps 1x

    Reply
  • pradeep kumar September 11, 2010 at 6:50 pm

    @Chetan
    I bought an MTS around 10days earlier.I seldom use underground DELHI metro.On 8 sep evening while trevelling between keshemere gate and INA and back there were no signals at all in under-ground while there were very good signals the moment i came out of under-ground area.I have no idea about other under-ground section.(9136725303)

    Reply
  • santu September 11, 2010 at 6:05 pm

    Avishek Ghosh :

    SUNIL V PAUL :
    Hello,
    I bought a MTS in 2009,but it has no coverage in our area.I complained more than 10 times to all officials but they are not ready to reply.9142052121,9142052324,9142052332
    Thrissur is mini metro city in Kerala.MTS has no coverage even 12 kilometers away from metro city Thrissur in our route.
    All Inian companies provide coverage here,but MTS has no response for the last one year.

    Sorry to hear ur problems with MTS,Hope it will rectify soon….pls update ur situations here….
    But i have something to say regarding this matter…in RoB circle…MTS coverage is better than Aircel,Tata Indicom,Docomo,Idea,Uninor,Virgin…all those mentioned companies(excluding docomo,uninor,idea who starts at same time with MTS) started their mobile service few years ago but they R behind of MTS in terms of network coverage……MTS is a new company…lets give them some time to established their network…atlist they r doing better than those mentioned big telco’s mainly Aircel & TATA Indicom in terms of coverage,quality & tariffs also in my area & other areas also…..hope ur problem will rectify soon…pls email them at their cc,nodal officer & appealate authority soon…

    RIGHTLY SAID. I DO AGREE WITH YOU COMPLETELY. I HAVE EVEN FOUND THEIR NETWORK IN SUNDERBAN IN LAST FEBRUARY. I HAVE GOT NETWORK EVEN WHEN ALL THE OTHER OPERATORS EXCEPT VODAFONE WERE HAVING NO NETWORK.

    Reply
  • karann September 11, 2010 at 5:42 pm

    @pradeep kumar
    delhi metro mein toh kuch time tak thik ho hi jayegi but in all ncr n delhi region excellent coverage, am using it for 20 months, no prob at all. MTS HAI TOH SAHI HAI

    Reply
  • kerala September 11, 2010 at 1:33 am

    @SUNIL V PAUL
    I had seen your posts with same topic in other forums also. Very sorry, to hear that your problem is not yet resolved. Have you checked if TATA INDICOM has coverage in your area.if yes mts will rectify it with 3-7 days. I also read somewhere that they have tower sharing agreement with BSNL too.

    Reply
  • SUNIL V PAUL September 10, 2010 at 9:09 pm

    @Chetan
    Hello
    my route is Thrissur-Kerala police academy-Thanikudam-Kundukad-Karyad-Punnamaparambu-Wadakkancheri

    Reply
  • dskushwaha September 10, 2010 at 8:52 pm

    Welcome to UP(east & West). Definitely the EVDO plans of MTS are better than TATA and Reliance but not better than BSNL. But MTS’s speed/coverage and customer care will make it better than BSNL. So, hoping to see MTS becoming the best EVDO operator in India.

    Reply
  • Avishek Ghosh September 10, 2010 at 2:11 pm

    SUNIL V PAUL :
    Hello,
    I bought a MTS in 2009,but it has no coverage in our area.I complained more than 10 times to all officials but they are not ready to reply.9142052121,9142052324,9142052332
    Thrissur is mini metro city in Kerala.MTS has no coverage even 12 kilometers away from metro city Thrissur in our route.
    All Inian companies provide coverage here,but MTS has no response for the last one year.

    Sorry to hear ur problems with MTS,Hope it will rectify soon….pls update ur situations here….
    But i have something to say regarding this matter…in RoB circle…MTS coverage is better than Aircel,Tata Indicom,Docomo,Idea,Uninor,Virgin…all those mentioned companies(excluding docomo,uninor,idea who starts at same time with MTS) started their mobile service few years ago but they R behind of MTS in terms of network coverage……MTS is a new company…lets give them some time to established their network…atlist they r doing better than those mentioned big telco’s mainly Aircel & TATA Indicom in terms of coverage,quality & tariffs also in my area & other areas also…..hope ur problem will rectify soon…pls email them at their cc,nodal officer & appealate authority soon…

    Reply
  • Avishek Ghosh September 10, 2010 at 2:03 pm

    @Chetan…

    Don’t mind…R u really a member of MTS team???
    If yes..then pls let us know,when MTS will launch their internet service(GPRS/WAP/EVDO) in Mobile handsets & OMH RUIM cards in West Bengal Telecom circle???

    Reply
  • Chetan September 10, 2010 at 12:18 pm

    @pradeep kumar
    Hi Pradeep, can you please mention the route on which the network is not working??
    We will get it rectified ASAP.

    regds,
    Chetan Nangia
    MTS

    Reply
  • SUNIL V PAUL September 10, 2010 at 11:01 am

    Hello,
    I bought a MTS in 2009,but it has no coverage in our area.I complained more than 10 times to all officials but they are not ready to reply.9142052121,9142052324,9142052332
    Thrissur is mini metro city in Kerala.MTS has no coverage even 12 kilometers away from metro city Thrissur in our route.
    All Inian companies provide coverage here,but MTS has no response for the last one year.

    Reply
  • Avishek Ghosh September 9, 2010 at 10:42 pm

    pradeep kumar :
    sorry to find no MTS signals in under-ground delhi metro while other operators signals do well.

    Call MTS CC & mail their nodal officer & CC…& provide the details of this problem…hope they will rectify asap….

    Reply
  • pradeep kumar September 9, 2010 at 6:31 pm

    sorry to find no MTS signals in under-ground delhi metro while other operators signals do well.

    Reply
  • Avishek Ghosh September 9, 2010 at 4:58 pm

    amsost :
    The company will come out with IPO at 50 Rs. within 12 months. The shares are available at 20-25 Rs. in off market transactions.

    I am also waiting for IPO’s…

    Reply
  • Agnivo September 9, 2010 at 4:03 pm

    @amsost
    Looking forward for the IPO and shares being traded on our exchanges…

    Reply
  • amsost September 9, 2010 at 1:20 pm

    The company will come out with IPO at 50 Rs within 12 months. The shares are available at 20-25 rs in off market transactions.

    Reply

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