MTS India
 |
|
| MTS India | |
| Private | |
| Industry | Telecommunications |
| Fate | Acquired by Reliance Communications |
| Founded | December 2008 |
| Defunct | 2017 |
| Headquarters | New Delhi, India |
|
Key people
|
Sergey Savchenko (CEO) |
| Services |
Mobile telephony Wireless broadband |
| Owners | Sistema (56.68%) Shyam Group (23.98%) Government of Russia (17.14%) |
| Website | www |
Sistema Shyam TeleServices Limited (SSTL), doing business as Mobile TeleSystems India (MTS India), is the Indian subsidiary of the Russian mobile operator MTS. The company is headquartered in New Delhi, India. It provides wireless voice, broadband Internet, messaging and data services in India. MTS India is the tenth largest mobile operator in the country with 6.71 million subscribers as of December 2016.
Sistema, the largest public diversified corporation in Russia, acquired a 10% stake in Shyam Telelink for a total cash consideration of US$ 11.4 million at the end of September 2007. Shantanu Telecom along with their partner Sistema had applied for UASL licence in 22 telecom circles of India. In August 2008, they got a pan-India start-up spectrum to start their mobile service operations in the country. They provide mobile services based on CDMA technology under the brand name MTS India and gave contracts to ZTE and Huawei for network expansion. MTS launched operations in Uttar Pradesh East and West in October 2010.
On 2 February 2012, the Supreme Court of India cancelled 122 licences of 22 mobile operators, including 21 of MTS' 22 licences, in connection with the 2G spectrum scam. MTS lost all its licences except the one for Rajasthan circle. MTS had approximately 2.32 million subscribers in those 10 circles at the time of the announcement, and 14.88 million subscribers nationally. According to MTS officials, the 10 circles where MTS ceased operations constituted 15.62% of its total subscriber base and less than 15% of the company's overall revenue. In the 2013 spectrum auction, MTS won back licences and spectrum in 8 circles - Delhi NCR, Kolkata, Gujarat, Karnataka, Tamil Nadu, Kerala, Uttar Pradesh (West) and West Bengal.
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