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,... Read More