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Sistema ups Shyam stake to 73.1%
Russian telecoms and holding firm Sistema has upped its stake in Indian mobile operator, Shyam Telelink, to 73.1% from 51%. Sistema, which aims to become one of India's top five mobile operators and have 60m subscribers by 2017, still has the option to raise its stake to the maximum...
Tags: Sistema, Shyam Telelink, Virgin Mobile, SingTel, Maxis, Telekom Malaysia Berhad, Etisalat, Nokia Corp., AT&T Corp., Vodafone Group Plc.
News items 2008-06-18

Additional Resources

Orchestral manoeuvre to give poorest children hope crime
Children as young as four from England's toughest estates will perform orchestral concerts under plans inspired by a Venezuelan programme which has transformed the lives of youngsters in that country's most violent slums. The El Sistema initiative has used a network of orchestras to help 500,000 impoverished...
Articles 2008-06-21
Sistema Obtains Radio Frequencies in Four Additional Circles in India
MOSCOW -- Sistema (LSE:SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced that Shyam Telelink Ltd. Shyam Telelink has received radio frequencies under CDMA 800 MHz in four additional Indian circles. As a result, Shyam...
Articles 2008-06-18
Sounds of the barrios come to Stirling Notorious estate pilots
FOR many years, the only musical instruments given to children in the Raploch estate were recorders. They were cheap, plastic, and usually possessed an off-milk scent. But last week everything changed. Within a room in Stirling's Raploch community campus lie more than 50 padded cases full of...
Articles 2008-06-15
Sistema Signs US$ 613.3 Million Standby Letter of Credit and Term Loan Facility
MOSCOW -- Sistema (LSE: SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced the signing of US$ 613.3 million syndicated multi-tranche loan facility (the "Facility") with ABN AMRO. The Facility has a tenor...
Articles 2008-06-06
Comstar to Consolidate Comstar-Direct
MOSCOW -- "COMSTAR - United TeleSystems" OJSC ("Comstar" or "the Group") (LSE: CMST), the leading integrated telecommunications operator in Russia and the CIS, today announced that it has completed negotiations with Sistema Mass Media and commenced the consolidation of Comstar-Direct, a leading provider of broadband internet access services in Moscow....
Articles 2008-06-05
Business Wire Provides Privileged Access to Media, Investors in Latin America's Largest Economy via an Exclusive Distribution Agreement with Agencia Estado, Brazil's Prestigious Media Powerhouse
SAO PAULO, Brazil & NEW YORK -- Business Wire today announced an exclusive relationship with Agencia Estado, Brazil's most influential media organization, providing Business Wire members with a unique opportunity to target Latin America's largest and most lucrative market. Business Wire has negotiated exclusive access to a comprehensive...
Articles 2008-06-02
SEL CHOSEN TO PROTECT/CONTROL SIPAC INTERCONNECTION.
Schweitzer Engineering Laboratories, Inc. SEL has been selected to provide protection, control, and automation systems for the SIEPAC Sistema de Interconexion Electrica Para America Central, or Central American Electric Interconnection System. The project will construct a 1,830-kilometer, 230 kV transmission system linking...
Articles 2008-06-01
Five best club nights
Closing Party Part One Fri The venue formerly known as the Paradise Factory winds down with an electro extravangza, featuring the Berlin electro/techno master Boyz Noize's beefy, buff synths, the Black Ghost's haunting, gothic indie-electro and Brodinski's right bouncy, glitchy electro. The Club, Manchester ...
Articles 2008-05-31
Bancolombia S.A. Announces Transaction of One of its Officers
MEDELLIN, Colombia, May 30 /PRNewswire-FirstCall/ -- In accordance with internal procedures, Mr. Augusto Restrepo Gomez, Administrative Vice President of Bancolombia, gives notice to Fiduciaria Helm Trust S.A. for the sale of Mr. Restrepo Gomez's units in a share portfolio Cartera Colectiva con Pacto de Permanencia Acciones Sistema Valor Agregado...
Articles 2008-05-30
Sistema Appoints Leonid Melamed as President and Chief Executive Officer
MOSCOW -- Sistema (LSE:SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced the appointment of Leonid Melamed as President and Chief Executive Officer of Sistema with immediate effect, following a decision made at a meeting...
Articles 2008-05-29
MTS Announces the Appointment of the New Chief Executive Officer
MOSCOW, May 29 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the largest mobile phone operator in Russia and the CIS, today announced the appointment of Mr. Mikhail Shamolin as President and Chief Executive Officer CEO of Mobile TeleSystems OJSC MTS. On May 29, 2008, MTS'...
Articles 2008-05-29
Sistema and Chinese Corporation CPMIEC Sign Agreement on Cooperation
MOSCOW -- Sistema (LSE:SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced that it has signed an agreement on cooperation with CPMIEC, the Chinese National Precision Machinery Import & Export Corporation. The agreement...
Articles 2008-05-27
Mexico Authorizes Transition to HD Radio™ Broadcasting for Stations Within 320 Kilometers of Country's Northern Border with the U.S
COLUMBIA, Md., May 21 /PRNewswire/ -- Mexico's Federal Telecommunications Commission CoFeTel announced last week that it is authorizing radio stations within 320 kilometers (200 miles) from its border with the United States to begin transmitting with digital HD Radio technology. In an official statement, the CoFeTel said:...
Articles 2008-05-21
Sistema receives radio frequencies in two further Indian circles
TELECOMWORLDWIRE-19 May 2008-Sistema receives radio frequencies in two further Indian circlesC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Sistema (LSE:SSA), a public diversified corporation in Russia and the CIS, has confirmed it has received radio frequencies in two further circles in India. The company, which manages fast growing companies...
Articles 2008-05-19
The Spain Fund Releases Monthly Portfolio Update
NEW YORK, May 16 /PRNewswire/ -- The Spain Fund, Inc. (the "Fund") today released its monthly portfolio update as of April 30, 2008. Top 10 Equity Holdings ...
Articles 2008-05-16
Sistema Obtains Radio Frequencies in Two Additional Circles in India
MOSCOW -- Sistema (LSE:SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced that it has received radio frequencies in two additional Indian circles. The Department of Telecommunications of India has allocated the 800...
Articles 2008-05-15
Sistema Announces Unaudited Financial Results for the Fourth Quarter and the Year Ended December 31, 2007
MOSCOW -- Sistema (the "Group") (LSE:SSA), the largest diversified public corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced its unaudited consolidated US GAAP financial results for the fourth quarter and the twelve months ended December 31, 2007. ...
Articles 2008-05-14
Wimm-Bill-Dann Appoints Chief Financial Officer
MOSCOW -- Wimm-Bill-Dann Foods OJSC [NYSE: WBD] today announced the appointment of Dmitry Ivanov as Chief Financial Officer CFO. Mr Ivanov has 17 years of financial experience in leading Russian and international companies. He most recently served as Chief Financial Officer at Sitronics, a publicly listed company within...
Articles 2008-05-12
MFG Galileo Selected by Spanish Air Force for Radome Contract
SPARKS, Nev., May 6 /PRNewswire/ -- MFG Galileo Composites, a leading specialist in the design and manufacturing of custom composite radomes and reflectors, announced that it has been selected by the Spanish Air Force through EMTE Sistemas to supply six 77-foot radomes. The first two radomes are scheduled...
Articles 2008-05-06
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