May 22, 2018 10:48 AM ET

Wireless Telecommunication Services

Company Overview of Sistema Shyam TeleServices Limited

Company Overview

Sistema Shyam TeleServices Limited operates as a telecom company that provides data services in India. The company offers telecom services under the MTS brand to approximately 10 million wireless subscribers, including approximately 1 million high speed mobile broadband customers in approximately 450 towns. It also provides a range of Android smartphones; MTS TV, a free to download application, which provides on the move access to approximately 100 Live TV and video on demand channels; Wi-Fi devices; VAS services; and voice roaming special tariff vouchers, and data card roaming services. The company, through its wholly owned subsidiary, Shyam Internet Services Limited provides Internet servi...

MTS India Towers

334, Udyog Vihar

Phase -IV

Gurgaon,  122001

India

Founded in 1995

Phone:

91 12 4481 2500

Fax:

91 12 4481 2825

Key Executives for Sistema Shyam TeleServices Limited

CEO & Director
Age: 59
Chief Finance Officer
Age: 34
Chief Marketing & Sales Officer and Chief Commerce Officer
Age: 45
Deputy Chief Executive Officer and Head of Regulatory
Age: 63
Chief Operating Officer of Tamil Nadu Circle
Age: 49
Compensation as of Fiscal Year 2017.

Sistema Shyam TeleServices Limited Key Developments

Sistema Shyam TeleServices Limited Presents at The Grand Masters 2018 Summit Series- New Delhi Edition, Feb-08-2018

Sistema Shyam TeleServices Limited Presents at The Grand Masters 2018 Summit Series- New Delhi Edition, Feb-08-2018 . Venue: Le Meridien, New Delhi, Delhi, India. Speakers: Neera Sharma, Head of Legal Department & Director.

Sistema Shyam TeleServices Ltd. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Sistema Shyam TeleServices Ltd. announced unaudited earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenues of RUB 1,176 million compared to RUB 3,440 million a year ago. OLBDA was RUB 1,397 million against RUB 444 million a year ago. Operating loss was RUB 1,591 million compared to RUB 662 million a year ago. Loss attributable to Sistema was RUB 1,723 million against RUB 1,468 million a year ago. SSTL's results in the second quarter and first half of 2017 reflect the company's decision to freeze client acquisition and marketing campaigns, as Sistema and Reliance Communications Ltd. ("RCom") continue to work towards the merger of SSTL's telecommunications business with RCom. For the six months, the company reported revenues of RUB 2,731 million compared to RUB 7,404 million a year ago. OLBDA was RUB 2,592 million against RUB 396 million a year ago. Operating loss was RUB 2,982 million compared to RUB 858 million a year ago. Loss attributable to Sistema was RUB 2,942 million against RUB 2,645 million a year ago.

Tata Reportedly In Early Talks To Join Reliance, Aircel and MTS

Reliance Communications Limited (NSEI:RCOM) and Tata Sons Limited are believed to have initiated talks to explore a possible union that could see Tata Teleservices (Maharashtra) Limited (BSE:532371) join forces with the merged Reliance, Aircel Cellular Limited and Sistema Shyam TeleServices Limited, persons familiar with the matter said. According to media reports, Reliance Group Chairman Anil Ambani has approached N Chandrasekaran, who takes over as Tata Sons' chairman on Tuesday, to discuss the merger. However, the report added that no deal has been finalised and obstacles include Tata Teleservices' huge debt.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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