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Sistema Completes Licensing Process in India

(Business News, 09 Oct 2008 )
By Vinod Kataria

New Delhi: Sistema, the largest public diversified corporation in Russia, and the CIS, which manages fast growing companies operating in the consumer services sector, announced that Shyam Telelink Ltd (Shyam Telelink), a subsidiary of Sistema, has received radio frequencies in the CDMA 800 MHz range in three additional Indian circles.

The Department of Telecommunications (DoT) of India has allocated the radio frequencies to Shyam Telelink in Dehli, Mumbai and Punjab, with a population of over 62 million people. Altogether Shyam Telelink now has spectrum in 22 Indian circles, covering 28 administrative states and 7 union territories with a population of approximately 1.1 billion people.

Vitaly Savelyev, first vice president and head of telecommunication assets operating unit at Sistema, said, "Shyam Telelink was allocated the radio frequencies in all circles of India, which is an important step in the process of rolling out a pan-Indian mobile network. We plan to launch CDMA 800 MHz network in the state of Rajasthan in the near future and then expand Shyam Telelink's network throughout the country."

Sistema

 
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