Wednesday, December 16, 2009

SSTL plans to raise another $400 million : Wall street Journal

MUMBAI -- Sistema Shyam TeleServices Ltd. plans to complete the rollout of its services across India by 2010, the company's chief executive said Wednesday.
Sistema Shyam TeleServices, branded MTS, plans to raise another $400 million, Vsevolod Rozanov said at the launch of the company's Mumbai operations.
The company has so far invested $40 million in its Mumbai service area operations and has operations in the Kolkata, West Bengal, Rajasthan, Tamil Nadu, Kerala, Bihar, Jharkhand, Delhi & NCR and Karnataka service areas.

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A BLOG FOR ALL THE SHAREHOLDERS OF SSTL (FORMERLY SHYAMTELELINK LTD) TO COME TOGETHER AND DISCUSS ISSUES OF COMMON INTEREST. YOU CAN REACH US AT AMSOST@GMAIL.COM