Sistema Shyam

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Sistema Shyam - Total results - 27
Airtel and Vodafone-Idea are indeed victims of their greed; govt shouldn't reward them by easing penalties, leave free market forces to play out
Business

Airtel and Vodafone-Idea are indeed victims of their greed; govt shouldn't reward them by easing penalties, leave free market forces to play out

The Supreme Court has delivered the coup de grace on a struggling telecom sector by ordering Vodafone-Idea and Bharti Airtel to cough up revenues worth approximately Rs 1.33 trillion as part of AGR dues that the companies were contractually bound, but had so far refused to share with the government

Aircel and Reliance Communications are merging business to build a new brand
News & Analysis

Aircel and Reliance Communications are merging business to build a new brand

Officials said in this unique deal, the wireless operations of Reliance Communications will be merged with Aircel and the new entity will be renamed, along new re-branding.

Telephone connections in India surpass one billion: TRAI
News & Analysis

Telephone connections in India surpass one billion: TRAI

The total number of telephone connections in the country crossed the record one billion mark in May, bolstered by growth in number of mobile users.

Telecom tariffs may go down as Trai cuts interconnection charges
News & Analysis

Telecom tariffs may go down as Trai cuts interconnection charges

In a bid to boost fixed line phone connections in the country, telecom regulator Trai Monday removed charges that a landline service provider has to pay to the other service providers for transmitting its customers' phone calls

Sistema Shyam stays away from spectrum auction, cites high base price
Business

Sistema Shyam stays away from spectrum auction, cites high base price

Most of the spectrum being put for auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Communications through their licences expiring in 2015-16.

FIPB approves 21 FDI projects; rejects Sistema Shyam's proposal
Economy

FIPB approves 21 FDI projects; rejects Sistema Shyam's proposal

The board also gave a go ahead to Indusind Bank's proposal with regard to foreign investment

Ford enters compact car segment with Figo Concept to take on Suzuki Dzire
Corporate

Ford enters compact car segment with Figo Concept to take on Suzuki Dzire

It is no surprise that after the success of its compact SUV Ford Ecosport, the company is now looking at the B segment to increase sales volumes in India.

Trai asks telcos how much CDMA spectrum to auction, at what price
Business

Trai asks telcos how much CDMA spectrum to auction, at what price

TRAI has been against any auctions at all in the 800 mhz band. Its view has been that no auctions are needed and some part of 800 mhz band be adjusted so that 2G GSM services can instead be offered within an extended GSM band.

ZTE Soft expects to double India revenues by March; hire 300 in a yr
Business

ZTE Soft expects to double India revenues by March; hire 300 in a yr

Chinese IT firm ZTE Soft expects to double its India revenues to $160 million by March 2014 and hire 300 more people locally within next one year.<br /><br />

Sistema to concentrate on getting more data customers
News & Analysis

Sistema to concentrate on getting more data customers

It has not given up its ambition of growing its voice business through an acquisition in India but will not make any moves unless the government clarifies and formalises rules for mergers and acquisitions in the telecom industry.

Sistema to concentrate on getting more data customers
Business

Sistema to concentrate on getting more data customers

It has not given up its ambition of growing its voice business through an acquisition in India but will not make any moves unless the government clarifies and formalises rules for mergers and acquisitions in the telecom industry.

Tata Tele surrenders excess spectrum: What it means for other CDMA players
News & Analysis

Tata Tele surrenders excess spectrum: What it means for other CDMA players

This decision not only sets the tone for other telcos to look for similar measures to register protest at the dreaded one-time charge, but it could also help CDMA players like Sistema to now get contiguous spectrum in some circles where the airwaves were earlier not available.

Tata Tele surrenders excess spectrum: What it means for other CDMA players
Business

Tata Tele surrenders excess spectrum: What it means for other CDMA players

This decision not only sets the tone for other telcos to look for similar measures to register protest at the dreaded one-time charge, but it could also help CDMA players like Sistema to now get contiguous spectrum in some circles where the airwaves were earlier not available.

Sistema plans up to $1 bn investment in India
Business

Sistema plans up to $1 bn investment in India

The company also said it expects the unit to break even by the end of 2014 to the beginning of 2015 on an operating income, or OIBDA, basis, in all the nine regions in which it operates.

CDMA auction: Sole bidder Sistema to shut shop in 3 circles
Business

CDMA auction: Sole bidder Sistema to shut shop in 3 circles

Now that Sistema's spectrum buying is over, all eyes will turn to the next course of action by DoT, which is expected to seek a Supreme Court directive on what to do with the unsold spectrum and whether to reduce price further.

2nd spectrum sale could be flop show again; no GSM applicant
Business

2nd spectrum sale could be flop show again; no GSM applicant

The second round of 2G spectrum sale is virtually set to be a flop show as there is no applicant for GSM band of radiowaves while Sistema Shyam is the only firm for CDMA band at close of deadline today for applying to take part in the auction.

Sistema Shyam submits application for spectrum auction
Business

Sistema Shyam submits application for spectrum auction

Telecom operator Sistema Shyam Teleservices (STSL) today submitted application to bid for CDMA spectrum in the upcoming auction.

Aircel, Uninor lose users as GSM subscriber base grows marginally in Jan
Business

Aircel, Uninor lose users as GSM subscriber base grows marginally in Jan

Inability to bag spectrum in the November auctions and consequent scaling down of operations in many circles has meant that Aircel, Videocon and Uninor together lost 4.56 million GSM subscribers in January this year.

Aircel, Uninor lose users as GSM subscriber base grows marginally in Jan
News & Analysis

Aircel, Uninor lose users as GSM subscriber base grows marginally in Jan

Inability to bag spectrum in the November auctions and consequent scaling down of operations in many circles has meant that Aircel, Videocon and Uninor together lost 4.56 million GSM subscribers in January this year.

Sistema to shut ops in 10 circles, gives 30-day window to users
Business

Sistema to shut ops in 10 circles, gives 30-day window to users

CDMA operator Sistema Shyam Teleservices (SSTL) today announced it will participate in the spectrum auction to be held next month and will close operations in 10 service areas after 30 days.