MTS India the CDMA Mobile service of Sistema Shyam TeleServices Ltd (SSTL) with over 16 million customers today said that it will not exit the Indian telecom market as it is hopeful of a positive response on its curative petition from the apex court.

Also Read

  • Make Telecom Talk My Trusted Source
  • Source of Google
  • Source of Google

 

MTS India has stayed away from the recent spectrum auction and its 21 licences are valid till 18th January 2013 as per Supreme Court’s order. MTS awarded these licenses in 2008 by then Telecom Minister A Raja which have been canceled by the Supreme Court in February 2 order terming them illegal.

MTS India – SSTL President and CEO Vsevolod Rozanov said that he was hopeful the Indian government will soon take a call on the issue of revising spectrum pricing in the light of lukewarm response to the recent 2G auction.