Sistema Shyam

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.

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

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

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

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

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

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

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

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

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