SistemaRSS

India and the Spectrum Scandal

BSNL is locked in disputes with operators and has refused to comply with telecoms authorities

India’s 2G spectrum scandal has cast a cloud over the country’s telecoms sector so dark that former Telecoms minister Andimuthu Raja is said to feel safer in prison than he does walking down the street. He has been sat in a cell for over a year, refusing to post bail and stands accused of taking bribes to sell spectrum to firms at discounted rates.

MTS, TeliaSonera go on shopping sprees

MTS, TeliaSonera go on shopping sprees

Russian investment house Sistema said Tuesday that it has sold its 50.91 per cent stake in leading Moscow fixed line broadband provider Comstar UTS to Mobile TeleSystems (MTS).

Sistema wants a piece of DT

Russian investment house Sistema is reportedly seeking to take a slice of German carrier, Deutsche Telekom, in exchange for the Russian company’s telecoms portfolio. According to a report in the Financial Times on Wednesday, Sistema has suggested the full integration of its telecoms division into Deutsche Telekom, in return for a ten to 20 per [...]