Sistema Shyam

According to the data tabled by Telecom Minister Manoj Sinha in the Lok Sabha, most number cases related to violation of MNP norms were reported in 2013-14 and their number declined sharply to 9 in 2015-16.

Sistema Shyam Q3 loss narrows to Rs 406 crore

The company, which is in process of merging with Reliance Communications, posted a net loss of Rs 437.9 crore in the same period a year ago.

Rel Comm Q1 revenue may hit by weak subscriber additions

Key factors to watch out for would be its commentary on the progress of sale of non-core assets (towers etc.) to deleverage the balance sheet and merger with Sistema. It has debt of USD 6 billion at the of March quarter.

Telephone connections cross 100 crore mark in India

At the end of May, total number of telephone connections stood at 1,002.05 million, of which 975.78 million connections were wireless or mobile, the data released by regulator TRAI on Friday showed.

BSNL sees 35% rise in landline connections booking

The public sector company announced a scheme in May that allows making calls free of cost to any operator, including mobile phones, anywhere in the country between 9 PM and 7 AM and covers all types of connections.

Telecom Comm finalises views on spectrum trading norms

Call drops may become fewer and consolidation moves among telecom companies get a fillip as the telecom department has given its final clearance to long-awaited rules on sharing and trading of airwaves.

Sistema eyes USD 300 mn Indian video gaming market

In a bid to popularise the product as well as celebrate its launch, the firm is also organising an online multiplayer gaming championship with a cash prize of Rs 20 lakh.

FIPB clears 21 FDI projs, rejects Sistema Shyam's proposal

The proposal of Bharti Shipyard -- an Indian company in ship building sector which has existing FDI through FIIs and NRIs -- to undertake defence activities was cleared, sources said.

Spectrum Vs subscribers: The true value

Delinking of spectrum from licenses and spectrum trading will ensure future M&A may be more about acquisition of subscribers and not spectrum.

Spectrum bids reach Rs 54,600cr after 35 rounds of auction

Telecom Secretary MF Farooqui said the total value of the bids was Rs 54,600 crore after 35 rounds of bidding. "Activity is on in eight service areas. Bidding will continue tomorrow morning," he added.

Spectrum auction enters 33rd round of bidding on fifth day

The government had received Rs 30,754 crore of bids for the 1800 MHz band and bids totalling Rs 21,935 crore for the 900 MHz band at the end of the fourth day.

'TRAI recos good; spectrum auction in Jan '14'

MF Farooqui said that TRAI recommendations reagrding the spectrum auctions are very good and hopes the department of Telecom will conduct spectrum auctions by Januray 2014.

Sistema did not have a choice but to bid in auctions: AUSPI

Sistema Shyam Teleservices had no choice but to bid in the 2G spectrum auction held today by the government if it wishes to continue operating in India, believes Ashok Sud, Secretary General Of AUSPI.

Telcos keep removing inactive SIMs; 26m users lost in Dec

As cellphone operators continued disconnecting inactive SIM cards, India's total telecom subscriber base declined by 25.97 million to 895.51 million in December, sectoral regulator Trai said.

Govt estimates Rs 9500cr revenue from CDMA sale spectrum

The Government may get over Rs 9,497 crore from sale of CDMA band spectrum in the second round of auctions in March, and one-time fee on airwaves held by existing operators.

Sistema warns of huge claims if licence issue not resolved

Russia's Sistema has warned it will seek "billions of dollars" in damages from India if licence cancellation issue of its Indian telecom venture Sistema Shyam is not resolved in time.

Decision on 800mhz hanging: Why will Sistema Shyam benefit?

The Empowered group of Ministers (EGoM) on 2G spectrum has not taken any final decision on 800 Mhz band (popularly referred to as CDMA). This may turn out to be a blessing in disguise for Sistema Shyam, reports CNBC-TV18‘s Malvika Jain.

Govt to begin 2G telecom spectrum auction on Monday

The government will begin, on Monday, the auction for telecom spectrum through which it is hoping to meet Rs 40,000 crore revenue target.

Sistema eyes Aircel stake; DoT confirms 5 GSM bidders

After staying away from the 2G auctions, Sistema Shyam may now consider a majority stake in Aircel. Barclays and Standard Chartered have been appointed as advisors to the deal.

New MTS mAd service lets you make free calls by watching ads

Sistema Shyam TeleServices Ltd, which operates its telecom services under the MTS brand, has launched a service that lets you make up to four free local calls a day

Don't see much impact on customer, auction preferred: Trai

Telecom regulator Trai today said there will not be much impact on customers due to cancellation of 122 2G licenses of eight companies, as around 95% of total subscribers belong to operators which got licences before January 2008.

Sibal meets PM after Supreme Court judgement

Telecom Minister Kapil Sibal today met Prime Minister Manmohan Singh shortly after the Supreme Court judgement that canncelled all 122 licences issued in January, 2008.

Competition, subscriber churn rate to rise now: ICRA

With the introduction of mobile number portability (MNP), mobile service providers are likely to face higher competitive pressures, especially in the initial phase, as subscribers scout for better wireless deals, thereby raising the costs of subscriber acquisition and retention.

License cancellation for roll-out shortfall harsh: COAI

With the Supreme Court issuing notices to 11 telcos for failing to meet spectrum roll-out deadlines, the cellular operator's association (COAI) has now stepped in.

Supreme Court tightens screw on telcos

The Supreme Court on Monday asked several telecoms firms, including the local units of Telenor and Etisalat, why their licences should not be revoked, adding to regulatory uncertainty in the sector.