MTS India appoints new CEO
Sistema Shyam TeleServices (SSTL), which operates under the MTS India brand, has appointed Dmitry Shukov as its new CEO. Shukov ...
Tag: JFSC Sistema
MTS to buy 25% bank stake for US$160m
In an attempt to strengthen its mobile commerce business, Russia’s Mobile Telesystems (MTS) has agreed to buy up to a ...
Uzbek court orders seizure of all MTS unit’s assets
An Uzbek criminal court has issued a ruling entitling the state to confiscate all assets belonging to Russian telecoms group ...
Sistema in talks to buy Aircel for US$3bn – report
Russian conglomerate Sistema is reportedly close to buying a controlling stake in Indian mobile operator Aircel for approximately Rs160bn-170bn (US$2.9bn-3.1bn), ...
Uzbekistan moves to seize MTS’ assets
The conflict between Russian operator MTS and Uzbek authorities is escalating further after authorities launched proceeding to seize MTS Uzbekistan’s ...
MTS-Turkmenistan back in business
After an absence from the Turkmen market of more than 18 months, Russian telco MobileTelesystems’ (MTS’) local unit is resuming ...
Maxis in talks with Sistema to sell Aircel – report
Malaysian mobile operator Maxis Communications is in early talks with bankers representing Russian conglomerate Sistema to sell its Indian carrier ...
India wants future frequency holders not to claim damages
The Indian government is looking for ways to ensure that international operators cannot claim damages for earlier cancelled spectrum licences, ...
SSTL gets OK to raise US$1.17bn
The shareholders of Sistema Shyam Teleservices (SSTL), the telecom JV between Russian financial group Sistema and Indian conglomerate Shyam Group, ...
2G licence cancellation: pressure mounts on Indian authorities
Following India’s Supreme Court decision in early February to cancel 122 2G licences that, it says, were illegally attributed, several ...
