Mobile TeleSystems India (MTS India) was a telecommunications company headquartered in Delhi, India. It was a joint venture and Indian subsidiary of the Russian mobile operator MTS. The company provided wireless voice, broadband Internet, messaging and data services in India.
MTS India was acquired by Reliance Communications (RCom) on 14 January 2016 in an all-stock deal, in which SSTL received a 10% share in RCom. SSTL was merged into RCom on 31 October 2017.
History
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 Kolkata & West Bengal in May'2009. MTS launched operations in Uttar Pradesh East and West in October 2010.[1]