Posts filed under ‘Sistema Shyam TeleServices’

SSTL and ZTE sign seven-year infrastructure deal (India)

Indian cellco Sistema Shyam TeleServices (SSTL) has announced that it has inked a seven-year deal with China’s ZTE for the provision of network equipment and infrastructure. Under the agreement ZTE will provide wireless and core network equipment for SSTL as the cellco looks to complete its pan-India rollout by 3Q 2010. Additionally, the two companies will ‘explore other collaborative possibilities going forward’. No financial details of the deal have been disclosed. SSTL has launched commercial CDMA-based services in the Rajasthan, Tamil Nadu and Kerala circles.

Wireless Industry News

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May 15, 2009 at 23:02 1 comment

Shyam Telelink becomes Sistema Shyam TeleServices; considering CDMA acquisitions (India)

Indian CDMA operator Shyam Telelink has announced that it has formally changed its name to Sistema Shyam TeleServices (SSTS). SSTS is a joint venture between Russian conglomerate Sistema and the Shyam Group of India. Commenting on the name change SSTS CEO, Vsevolod Rozanov, said, ‘Sistema is the majority shareholder in this venture with Shyam Group being the other partner. As our name suggests, we envisage optimizing this synergy of two players from different countries with a clear-cut focus on becoming a strong telecom player in India.’

In separate but related news SSTS has said it is considering acquisitions of other CDMA businesses in a bid to increase the speed of its pan-India rollout. Having announced a target date of mid-2010 for the completion of its country-wide rollout, Mr Rozanov said the operator will look at any opportunities to acquire other CDMA-based operators. SSTS launched services in the Rajasthan circle in October 2008, and has said it will begin commercial operations in Tamil Nadu and Kerala by March 2009. It hopes to complete rollouts in at least ten circles by the end of the year.

Wireless Industry News

February 2, 2009 at 20:07 Leave a comment


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