Sistema Shyam Teleservices Ltd. has today announced the launch of its CDMA mobile and wireless broadband services (under the brand name – MTS) in UP East & West telecom circles. As per information available, the company will be investing over Rs. 150 Crore for its service launch in these two telecom circle alone.
Below is a press release coming directly from the company:
Gurgaon, 27 December 2010: Sistema Shyam Tele Services Limited (SSTL) today announced the expansion of its national footprint. The company has launched its mobile telephony services under the MTS brand in UP East and UP West Circles. This is all set to further add to the company’s customer base, which now stands at over 8 million voice and over 400,000 mobile broadband customers. The Russian Government recently picked up approximately 17% stake in SSTL for $ 600 million US.
During the launch of its services, Arvind Kumar, Chief Operating Officer, UP East and UP West Circles, said:
The launch of MTS services will provide mobile customers in UP East and UP West Circles access to our nationally successful ½ paisa per second tariff plan or 1 paisa per second + 25% extra value on core Talk time with every recharge. This is bound to result in huge savings for the customers. Additionally, our customers would get to experience world class telecom services backed by seamless connectivity on a congestion free network.