MTS launches TeleServices in Gujarat

Ahmedabad : Mobile Telephony company Sistema Shyam TeleServices Limited (SSTL) on Thursday announced the launch of its mobile telephony services under the MTS brand in Gujarat.

The launch extends the company?s national footprint to 13 telecom circles including the entire Western region of India.

With the launch, MTS customers in Gujarat will now have access to the nationally successful ? paisa per second prepaid tariff plan enabling them to connect anywhere within the state.

In addition, MTS mobile users will also have the benefit of ?Timeage?. This concept enables MTS customers to derive best mileage for the money invested in mobile services and handset bundled offers.

Announcing the launch of MTS in Gujarat, Vsevolod Rozanov, President and Chief Executive Officer, Sistema Shyam TeleServices Limited (SSTL) said, ?Mobile customers in Gujarat will now get to experience the services of a global brand like MTS, which stands for world class telecom services backed by seamless connectivity on a congestion free network.?

The company?s launch plan includes an investment of Rs 100 Crore in Gujarat. These funds will be utilised in building the service network for MTS customers across the circle.

Over the next 3 months, MTS customers would be serviced by an extensive network of over 150 dealers and 31000 retail outlets across the state.

Sistema Shyam TeleServices Ltd. (SSTL) is a joint venture between Sistema {LSE: SSA} of Russia and the Shyam Group of India.

Sistema is the majority shareholder in this joint venture with a 73.710% equity stake; the Shyam Group holds a 23.792% stake and the remaining 2.498% is publicly held.