Please install Adobe Flash Player.

Consulting services

  • Market entry strategy
  • Business plan development
  • Strategy audit
  • Competitive intelligence
  • Product evaluation
  • Due diligence
  • Distributor / agent search

Research services

  • Market studies analysis / sizing and trends
  • Customer service / satisfaction surveys
  • Competitive positioning intelligence
  • Brand tracking
  • Advertising effectiveness research
  • Pricing research


  • National operators
  • International operators
  • Telecom vendors
  • Incumbents
  • New entrants
  • Governments

Russia may buy stake in Indian teleco


Russia's government is considering investing 680 million dollars (525 million euros) in an Indian telecoms firm to help out the majority Russian owner, a newspaper reported here today.
Russia has set aside 23.7 billion rubles "for acquiring shares in the joint venture Shyam Telelink," now known as Sistema Shyam TeleServices, in its draft budget for 2009, the 'Kommersant' daily said, citing a copy of the document.
A source close to the deal told the 'Kommersant' the funds would go to buying a 20 per cent stake in Sistema Shyam TeleServices, which has licences to provide mobile phone services in 22 Indian regions and has over 5,00,000 subscribers.
The Indian venture is already more than 73-per cent owned by Russia's Sistema group, which is controlled by billionaire Vladimir Yevtushenkov and also owns Russia's largest mobile phone operator, MTS.
Under the agreement being considered, Sistema would retain a majority stake in the Indian venture and Russia would buy the shares as part of a plan to settle New Delhi's outstanding Soviet-era debt to Moscow, the daily said.

The newspaper said Sistema would find it difficult to pursue its Indian expansion plans without extra support due to its hefty debt burden. Many big Russian companies have scaled back investment due to the global credit crunch.

AFP / PTI / Moscow March 18, 2009


Latest News

30 May 2017

ChronoPay looks to kickstart bitcoin adoption in Russia

St.-Petersburg, May 30 ( & CCN) ChronoPay, one of Russia’s oldest online payments providers, is including bitcoin to its payment gateway, enabling all of its clients to accept the...
12 May 2017

Russia’s largest online retailer will accept Bitcoin despite Central Bank slapdown

St.-Petersburg, May 12 (Сryptocompare) Russian e-commerce giant Ulmart is planning to start accepting bitcoin as a method of payment from 1 September, 2017. The online retailer was considering accepting...
23 December 2016

MegaFon to buy stake for $740 million from Usmanov

MOSCOW, Dec 23 (Bloomberg) Alisher Usmanov and his partners are set to pocket $740 million from moving a stake in internet company Group Ltd. to MegaFon PJSC, as the Russian billionaire consolidates...
20 December 2016

Deloitte says 7% Russian cell clients change operators in H1

MOSCOW, Dec 20 (PRIME) -- About 7% of Russian mobile subscribers changed their operators in January–June as compared to 4–5% of users who switched to other operators within six months in several...
Joomla Templates and Joomla Extensions by JoomlaVision.Com