MTS India

Esmail

Russia’s Sistema looking to increase stake in MTS beyond 74%

Russia’s Sistema looking to increase stake in MTS beyond 74%

Sistema Sham Teleservices LTD (SSTL) will be resubmitting its application to the government by mid-April for increasing its foreign holding in the company beyond 74%. The Foreign Investment Promotion Board (FIPB) had last September turned down SSTL’s proposal to raise foreign holding beyond the current 74 per cent. The initial proposal … Read More

Rudradeep Biswas

Sistema Shyam Teleservices to be 100% FDI funded company

Sistema Shyam Teleservices to be 100% FDI funded company

Sistema Shyam Teleservices, which offers voice and data services on CDMA platform under MTS brand, has cleared a road block to be a 100% FDI funded company. The shares of SSTL are owned by Sistema JSFC (56.68%), Russia Government (17.14%), India’s Shyam Group (24%), other foreign entities (0.3%) and minority … Read More

Rudradeep Biswas

MTS Launches STV101 in Kolkata

MTS Launches STV101 in Kolkata

MTS India, leading CDMA based mobile voice & data service provider has launched a prepaid power voucher in Kolkata & West Bengal. STV 101 includes Rs 105 talktime to be used by 15 day, 5 local/national sms for 1 days & local onnet calling 1paise/6 sec for 15 day. MTS … Read More

Rudradeep Biswas

MTS Revises Prepaid Ultra (Rev B) Offerings

MTS Revises Prepaid Ultra (Rev B) Offerings

MTS India, the pure-play CDMA operator of the country, has revised its data offerings for its data card subscribers. India’s mobile broadband market has been booming for some time and CDMA operators who enjoyed first mover advantage is now facing competition from GSM/3G players. At present MTS offers highest mobile … Read More

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