Home Page : Archive News : February 2013 News : UPDATE 1-Sistema scales back Indian mobile ops ahead of auction | |
UPDATE 1-Sistema scales back Indian mobile ops ahead of auction | |
February 21, 2013 NEW DELHI/ MOSCOW, Feb 21- Russian conglomerate Sistema said on Thursday that its Indian mobile phone unit would cease operations in almost half its regions as it prepares to bid in a spectrum auctions re-run. All but one of 22 zonal permits held by Sistema Shyam TeleServices were ordered to be revoked by India's Supreme Court last year. Source: http://www.cnbc.com/id/100478869 |