Wireless Telecommunication Services
Company Overview of Sistema Shyam TeleServices Limited
Sistema Shyam TeleServices Limited provides mobile telephony services in Delhi, Gujarat, Karnataka, Kerala, Kolkata, Madhya Pradesh, Rajasthan, Tamil Nadu, Uttar Pradesh, and West Bengal. It offers per second calling and prepaid high speed mobile broadband services. The company also provides handsets, such as smartphones; and fixed wireless phones. In addition, it operates as a mobile phone operator in the Russian Federation and the Commonwealth of Independent States. Sistema Shyam TeleServices Limited was formerly known as Shyam Telelink Limited and changed its name to Sistema Shyam TeleServices Limited in January 2009. The company was incorporated in 1995 and is based in Gurgaon, India. As...
MTS Towers 334
334 Udyog Vihar
Founded in 1995
Key Executives for Sistema Shyam TeleServices Limited
Chief Marketing & Sales Officer and Chief Commerce Officer
Compensation as of Fiscal Year 2013.
Sistema Shyam TeleServices Limited Key Developments
MTS to Open Kiosks in 12 Big Bazaar Stores
Nov 26 13
MTS India has partnered with Big Bazaar on in-shop kiosks. MTS will establish in-shop kiosks in twelve Big Bazaar stores at prominent locations across Kolkata. The kiosks will act as an extension of MTS stores providing the entire range of products and services offered by the company.
Sistema Shyam Teleservices Reports Earnings Results for the Third Quarter Ended September 2013
Nov 21 13
Sistema Shyam Teleservices reported earnings results for the third quarter ended September 2013. For the quarter, the company reported widening of net loss to INR 7,600 million mainly on account of forex loss and business restructuring. The company had posted a net loss of INR 4,955 million for the same period a year ago. The net income declined mainly on account of forex losses and business restructuring. Revenues went down 30% year-on-year to INR 2.84 billion which was largely driven by closure of circles. The company reported an OIBDA loss of INR 2.19 billion reflecting an improvement in OIBDA margin by 11 percentage points year-on-year, margins improved on account of cost optimisation, strict control over marketing and other expenditures and also on account of operational efficiencies.
The company also plans to launch a slew of smartphones, enabling customers to further use the power of 3GPLUS network.
Sistema Shyam Teleservices Limited Announces Commercial Roll Out of its 3GPLUS Telecom Network
Oct 30 13
Sistema Shyam TeleServices Limited announced the commercial roll out of its '3GPLUS' telecom network based on Evolution-Data Optimized (EV-DO) Rev. B Phase II technology. This announcement of historic significance comes within two weeks of the Company receiving its third spectrum carrier from Department of Telecom (DoT). The roll out is all set to make MTS India, the FIRST telecom operator in India to provide ubiquitous 3GPLUS network coverage across all its 9 circles of operations i.e. Delhi, Rajasthan, Gujarat, Kerala, Karnataka, Tamil Nadu, Kolkata, Uttar Pradesh (West) and West Bengal. With this historic announcement, MTS India takes a giant leap in providing a significantly enhanced data experience to its customers wanting to access streaming multimedia. To experience the full power of its 3GPLUS network - MTS India has introduced MBlaze Ultra - a next generation Hi-Tech dongle providing data speeds of up to 9.8 Mbps. Looking ahead, the Company has also drawn plans to launch a slew of smart phones by the end of the 2013, enabling customers to further utilize the power of the 3GPlus network.
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