MTS aims to list in India

Published on Mon, Sep 06, 2010 at 19:51 |  Source : CNBC-TV18

Updated at Mon, Sep 06, 2010 at 20:15  

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Excerpts from Reporter's Diary on CNBC-TV18 Watch the full show »

MTS, the code division multiple access (CDMA) mobile service in India being offered by Shyam Sistema, will look at going public in the near future,  reports CNBC-TV18.

CEO V Rozanov said that a final call may be taken after the Russian govt invests another USD 620 million in the company.

Rozanov added, "We are waiting for Russian government decision to invest in the company. We are expecting clarity soon -in September or October."

Also watch the accompanying video.

 

  

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