Comments on: Sistema With Shyam Group Will Work For Real Estate http://indiarealestatelink.com/property-news/sistema-with-shyam-group-will-work-for-real-estate/ Your Link To India Properties Wed, 07 Jan 2009 16:54:47 +0000 http://wordpress.org/?v=2.6 By: amit http://indiarealestatelink.com/property-news/sistema-with-shyam-group-will-work-for-real-estate/#comment-59 amit Tue, 15 Apr 2008 12:01:17 +0000 http://indiarealestatelink.com/property-news/sistema-with-shyam-group-will-work-for-real-estate/#comment-59 In a major development, the government on Thursday started allocating spectrum to new telecom players, with Shyam-Sistema becoming the first to receive start up radio frequency for starting CDMA services in various parts of the country. Shyam-Sistema, a joint venture India's Shyam Telelinks and Russia's Sistema, has been given 2.5 MHz (equivalent of 4.4 MHz of GSM) in the seven states of North-East, Jammu and Kashmir and Assam, official sources told media. Commenting on the development, Rajiv Mehrotra, Chairman of Shyam Group said, "We are delighted that the government has opened up the way for new telecom players to operate telecom services as soon as possible and this is a major step towards offering cost-effective mobile services." Russian conglomerate has already announced up to five billion dollar (Rs 20,000 crore) investment in the Indian telecom sector. Shyam-Sistema, which currently offers mobile service in Rajasthan, has got licenses for rest of the circles. In a major development, the government on Thursday started allocating spectrum to new telecom players, with Shyam-Sistema becoming the first to receive start up radio frequency for starting CDMA services in various parts of the country.

Shyam-Sistema, a joint venture India’s Shyam Telelinks and Russia’s Sistema, has been given 2.5 MHz (equivalent of 4.4 MHz of GSM) in the seven states of North-East, Jammu and Kashmir and Assam, official sources told media.

Commenting on the development, Rajiv Mehrotra, Chairman of Shyam Group said, “We are delighted that the government has opened up the way for new telecom players to operate telecom services as soon as possible and this is a major step towards offering cost-effective mobile services.”
Russian conglomerate has already announced up to five billion dollar (Rs 20,000 crore) investment in the Indian telecom sector. Shyam-Sistema, which currently offers mobile service in Rajasthan, has got licenses for rest of the circles.

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