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{{Use Indian English|date=November 2013}}
{{Use dmy dates|date=October 2020}}
{{Infobox company
| name = MTS India
| trading_name = SSTL
| former_name = Sistema Shyam Teleservices Limited
| type = Subsidiary
| fate = Acquired by [[Reliance Communications]]
| logo = MTS India.svg
| company_slogan =
| founded = {{Start date|2008|12}}
| defunct = {{End date|df=yes|2017|10|31}}
| industry = [[Telecommunication]]s
| location = [[New Delhi|New Delhi, India]]
| area_served = [[India]]
| key_people = {{Unbulleted list
|Dmitry Shukov ([[CEO]]) }}
| services = {{Unbulleted list
| [[Mobile telephony]]
| [[Wireless broadband]]
| [[Internet services]]
}}
| owner = [[Reliance Communications]]
| parent = [[Sistema]]
}}

'''Mobile TeleSystems India''' ('''MTS India''') was a [[telecommunications]] company headquartered in [[Delhi]], India. It was a joint venture and [[India]]n subsidiary of the [[Russia]]n mobile operator [[MTS (network provider)|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.<ref>{{Cite news|url=http://www.livemint.com/Companies/ZzWfK97xONnQNGFHyRMBgO/MTS-mobile-services-in-Uttar-Pradesh-by-earlyNovember.html|title=MTS mobile services in Uttar Pradesh by early-November|access-date=31 October 2015|publisher=Mint}}</ref>

On 2 February 2012, the [[Supreme Court of India]] cancelled 122 licences of 22 mobile operators, including 21 of MTS' 22 licences, in connection with the [[2G spectrum case]]. MTS lost all its licences except the one for [[Rajasthan]] circle.<ref>{{cite web|url=http://www.medianama.com/2013/02/223-mts-india-shutdown-10-circles/|title=MTS India To Close Down Operations in 10 Circles; 15.6% Subscribers Impacted|author=Vikas SN|date=22 February 2013|publisher=MediaNama|access-date=9 October 2014}}</ref> MTS had approximately 2.32 million subscribers in those 10 circles at the time of the announcement, and 14.88 million subscribers nationally.<ref>{{Cite news|url=http://articles.timesofindia.indiatimes.com/2013-02-21/telecom/37220522_1_sstl-cdma-spectrum-sistema-shyam-teleservices|archive-url=https://web.archive.org/web/20130224082433/http://articles.timesofindia.indiatimes.com/2013-02-21/telecom/37220522_1_sstl-cdma-spectrum-sistema-shyam-teleservices|url-status=dead|archive-date=24 February 2013|work=[[The Times of India]]|title=MTS to shut down operations in 10 circles|access-date=31 October 2015}}</ref> According to MTS officials, the 10 circles where MTS ceased operations constituted 15.62% of its total subscriber base and less than 15% of the company's overall revenue.<ref>{{Cite news|url=http://www.livemint.com/Industry/pn4T70yH1s009UTUS6Nq1M/Sistema-to-bid-for-spectrum-shut-down-operations-in-10-circ.html|title=Sistema to shut operations in 10 circles ahead of spectrum auction|publisher=Livemint|access-date=31 October 2015}}</ref> In the [[Indian Telecom Spectrum Auction#2012 Spectrum Auction|2013 spectrum auction]], MTS won back licences and spectrum in 8 circles - [[Delhi NCR]], [[Kolkata]], [[Gujarat]], [[Karnataka]], [[Tamil Nadu]], [[Kerala]], [[Uttar Pradesh]] (West) and [[West Bengal]].<ref>{{Cite news|url=http://www.thehindu.com/business/sistema-bags-spectrum-in-eight-circles-for-rs3639-crore/article4496571.ece|title=Sistema bags spectrum in eight circles for {{INR}} 3,639 crore|work=The Hindu|access-date=31 October 2015}}</ref><ref>{{Cite news|url=http://www.business-standard.com/article/companies/sstl-bids-for-8-circles-in-cdma-spectrum-auction-113031100072_1.html|title=Sistema gives 3 circles a miss in CDMA auction |work= Business Standard|access-date=31 October 2015}}</ref>

=== Acquisition by Reliance Communications ===
On 14 January 2016, [[Reliance Communications]] (RCom) announced that it had acquired SSTL in an all stock deal, in which SSTL received a 10% share in RCom, after paying off its existing debt. RCom would assume the liability for installments that SSTL had to pay the government from purchasing spectrum. The liability amounted {{INR}} 392 crore annually for 10 years. As a result of the deal, Reliance acquired nearly 9 million subscribers, as well as SSTL's spectrum in the 850 MHz band.<ref>{{Cite web|url=http://www.businesstoday.in/sectors/telecom/reliance-communications-acquires-sistemas-india-unit-in-all-stock-deal/story/225554.html|title=Reliance Communications acquires Sistema's MTS India in all-stock deal|website=www.businesstoday.in|access-date=2016-09-06}}</ref> The merger deal was approved by the Competition Commission of India (CCI) in February 2016.<ref>{{Cite web|url=http://gadgets.ndtv.com/telecom/news/reliance-communications-gets-cci-approval-to-acquire-mts-805292|title=Reliance Communications Gets CCI Approval to Acquire MTS|access-date=2016-09-06}}</ref> SEBI cleared the deal by March, and SSTL shareholders approved the deal on 18 March.<ref>{{Cite web|url=http://articles.economictimes.indiatimes.com/2016-03-18/news/71630719_1_shyam-group-sistema-shyam-teleservices-sstl-spokesperson|title=Sistema Shyam shareholders approve merger with Reliance Communications|access-date=2016-09-06}}</ref> By mid-August, the deal was approved by tax authorities and the shareholders and creditors of RCom and SSTL.<ref>{{Cite web|url=http://economictimes.indiatimes.com/news/economy/policy/dots-approval-for-sstl-rcom-merger-likely-in-q4-sistema/articleshow/53940858.cms|title=DoT's approval for SSTL-RCOM merger likely in Q4: Sistema - The Economic Times|access-date=2016-09-06}}</ref> The merger was approved by the [[Rajasthan High Court]] on 30 September 2016,<ref>{{cite web|last1=India|first1=Press Trust of|title=RCom gets Rajasthan HC approval for Sistema acquisition|url=http://www.business-standard.com/article/pti-stories/rcom-gets-rajasthan-hc-approval-for-sistema-acquisition-116093001087_1.html|website=Business Standard|accessdate=1 October 2016|date=30 September 2016}}</ref> and the Mumbai High Court on 7 October 2016.<ref>{{Cite news|url=http://economictimes.indiatimes.com/news/economy/policy/reliance-communication-gets-bombay-hc-approval-for-sistema-acquisition/articleshow/54739451.cms|title=Reliance Communication gets Bombay HC approval for Sistema acquisition - The Economic Times|newspaper=The Economic Times|access-date=2016-10-08}}</ref>

The final approval, from the Department of Telecommunications, was given on 20 October 2017.<ref>{{cite web|title=Telecom department approves RCom-MTS merger - ET Telecom|url=https://telecom.economictimes.indiatimes.com/news/telecom-department-approves-rcom-mts-merger/61182496|website=ETTelecom.com|accessdate=18 November 2017|language=en}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/rcom-sistema-shyam-merger-gets-dot-approval/articleshow/61187148.cms|title=RCom-Sistema Shyam merger gets DoT approval|date=2017-10-23|work=The Economic Times|access-date=2017-10-24}}</ref> On 31 October 2017, RCom announced that it completed the merger.<ref>{{cite web|title=Reliance Communications Completes Merger With MTS|url=http://profit.ndtv.com/news/corporates/article-reliance-communications-completes-merger-with-mts-1769486|website=NDTV|accessdate=18 November 2017}}</ref><ref>{{cite web|title=Reliance Communications completes merger with MTS|url=http://zeenews.india.com/companies/reliance-communications-completes-merger-with-mts-2053315.html|website=Zee News|accessdate=18 November 2017|language=en|date=31 October 2017}}</ref>

==References==
<references />

[[Category:Indian companies established in 2008]]
[[Category:Technology companies disestablished in 2017]]
[[Category:Telecommunications companies of India]]
[[Category:Internet service providers of India]]
[[Category:Mobile phone companies of India]]
[[Category:Companies based in New Delhi]]
[[Category:Sistema]]
[[Category:Telecommunications companies established in 2008]]
[[Category:2008 establishments in Delhi]]
[[Category:2017 disestablishments in India]]
[[Category:2017 mergers and acquisitions]]

MTS India - Revision history

imported>DaxServer at 18:04, 26 August 2021