Sistema MTS

February 28th, 2012 5:43 PM 34 COMMENTS

Exclusive: Sistema Says India Has to Protect Their Investments as per BIT

Following the cancellation of 122 2G licenses by Supreme Court of India all new operators lost the permission to operate in the country after a certain period. It hits the foriegn partners of the affected mobile companies as they are the majority shareholders in those joint ventures and invested some thousand crores of rupees in the country. Sistema JSFC, the majority shareholder (56.68%) in Sistema Shyam Teleservices Ltd (SSTL) has... Read More

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