Gurgaon: Sistema Shyam TeleServices Limited (SSTL) that provides telecom services under the brand name MTS today announced that it has received its Unified Telecom License. The Unified License will enable the Company to provide technology neutral telecom services for a period of 20 years,
With this development, SSTL becomes the first telecom operator in the country to be a part of Unified Licensing regime. Effective October 03, 2013, the Unified License is valid for 20 years.
According to Dmitry Shukov, Chief Executive Officer, SSTL, “We are delighted to get the Unified License. This is a positive development and would bring clarity in the operating environment for the Company. We are now looking forward to the allotment of the third carrier of spectrum that we had won in the March 2013 auctions.”
SSTL has been granted license to provide telecom services in eight circles – Delhi, Gujarat, Karnataka, Kerala, Kolkata, Tamil Nadu, UP (West) and West Bengal. In addition to these 8 telecom circles, SSTL’s footprint also includes Rajasthan circle.
Sistema Shyam TeleServices Ltd. is a venture, involving equity participation by Sistema JSFC of Russia, the Russian Federation and the Shyam Group of India. Sistema is the majority shareholder in the Company which operates its telecom services under the MTS brand.
Kerala IT News