MTS

MTS India

MTS India (formally Sistema Shyam TeleServices Limited), referred to simply as MTS, is an Indian telecom service provider. Shyam holds the Unified Service Access License for the Rajasthan circle and operates Basic Telephony, mobile telephony (CDMA) and broadband services in the province. Shyam Telelink is the end-to-end service provider in Rajasthan with more than 269,000 subscribers as on August 2008 and a strong brand - Rainbow.

Acquisition by Sistema

The largest public diversified corporation in Russia and the CIS - Sistema acquired a 10% stake in Shyam Telelink for a total cash consideration of US$ 11.4 million at the end of September 2007. In October 2007, Sistema signed a share purchase agreement for the acquisition of an additional 41% stake in Shyam Telelink and a call option agreement, which gives Sistema the right to increase its stake in Shyam Telelink from 51% up to a maximum of 74%. Later in December 2007, Sistema received an approval for the acquisition of the blocking stake in Shyam Telelink from the Foreign Investment Promotion Board (FIPB) of India. As a result of the acquisition of the additional 41% stake, the overall purchase price totaled US$ 58.1 million

Pan-India rollout

Shyam Telecom along with their partner Sistema had applied for UASL license in 21 telecom circles of India. In August 2008, they became the first new mobile operator to get a pan-India start-up spectrum to start their mobile service operations in the country. They would be providing mobile services based on CDMA technology under the brand name MTS MTS India.Shyam Telecom given Project to ZTE and Huawei for network expansion.

As of April 30, 2010 the total subscriber base of MTS India is 4.5 million present in 12 circles,just launched in Andhra Pradesh.

Wireless Broadband Service

MTS launched the high-speed mobile broadband service, MBlaze, in November 2009 and has seen tremendous market acceptance with over 70,000 satisfied customers in a short span of time.In April 2010, MTS launched MTS TV for MBlaze customers.MTS MBlaze have its coverage in 70+ cities as of May 2010. MTS has also announced pan-India roaming for its MBlaze users in April–May 2010. MTS also provides MBrowse which is CDMA-1x technology based internet service

National Telecom Award

MTS, the mobile telephony brand of Sistema-Shyam Teleservices (SSTL) has been conferred National Telecom Award for being the fastest growing data operator in India. Mr. Vsevolod Rozanov, CEO, Sistema Shyam TeleServices Ltd. received the award on behalf of the company from Mr J S Sarma, Chairman, Telecom Regulatory Authority of India and Mr P J Thomas, Secretary, Department of Telecom, Government of India. The award is recognition of MTS establishing itself as a fastest growing data operator in the market. MTS has close to one lakh mobile broadband subscribers in less than six months, for its high speed mobile broadband service, MBlaze. Within a short span time, the company has launched its services in 12 telecom circles across the country and has already achieved a overall subscriber base of 4.5 million customers

 Thanx.....