Sistema plans to branch out in Bangladesh and China.

Sistema, the largest diversified consumer services corporation of Russia is planing to expand its mobile services to Bangladesh and China. Sistema, reportedly acquired licenses for mobile services in border areas of China and is in talks to acquire a local operator in Bangladesh. According to Interfax, Vladimir Evtushenkov, the main owner of Sistema, told Russian President Dmitry Medvedev about the plans.Sistema which holds majority of shares in Russian operators MTS, SkyLink and Comstar, has recently launched a mobile operator in India.