After reporting increased losses of Rs 778.7 crore for the quarter ending December 31, 2012, Sistema Shyam Teleservices (SSTL) which operates in India as MTS India, has informed in its investor presentation (pdf) that it hopes to break even in India by the end of 2014 or the first half of 2015. Remember that the company was impacted by the cancellation of many of its licenses, following a Supreme Court ruling which cancelled 122 licenses in all, including 21 of SSTL’s 22 licenses. This led to SSTL eventually shutting down operations in 13 circles. Some notes from the Investor presentation (download it here): - New India Strategy: The company informed that its new strategy involves optimizing its existing business and expand its data services in the country, which includes launching LTE services on CDMA spectrum. However, the company hasn't revealed any specific timeline for this rollout. Sistema currently operates in nine telecom circles in India, which includes the eight circles where it secured spectrum in the March 2013 auctions and Rajasthan circle which was not affected by the Supreme Court ruling. Through these nine circles, the company hopes to reach out to 60% of the total data potential in the country and 40% of the country’s population. - LTE Services on 850MHz Spectrum: SSTL plans to deploy LTE services on 850 MHz spectrum band in India and claims that this spectrum band will allow them to migrate to LTE and offer better experience than the existing 3G services. The company cites examples of similar LTE rollouts by LG Uplus and SK Telecom in South Korea.…
- Are Courts Doing Enough To Question “Proportionate” Intrusions on Privacy And Other Rights? #NAMA March 31, 2023
- Why did PhonePe cancel its deal to acquire ZestMoney? March 31, 2023
- RTI: Chennai police confirms 9 drones as part of a Drone Police Unit and here’s why it’s important March 31, 2023
- Global body for AI policy asks US Trade Commission to halt OpenAI from releasing new GPT models March 31, 2023
- More people in India support surveillance tech than those critical of it: Study March 31, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...