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Russian telecom giant Sistema, which recently acquired a controlling stake in India’s Shyam Telelink, announced that it will be launching a nation-wide mobile services by April 2009.
Sistema-Shyam is the first company among the new players to get CDMA spectrum in 13 circles and it hopes to get the frequency in remaining ones to become a pan-India operator. In addition, Sistema also announced plans to participate in the auctioning of 3G spectrum when the process starts, and ultimately become one of India’s top five players with 60 million subscribers by 2017.
At the moment, Sistema holds 51% stake in Shyam, but it plans to increase it to the maximum permissible limit of 74% in the next two months.
[Via: Economic Times]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
