Russian PM announces financial assistance for MTS India

www.WirelessFederation.com/news: Financial support from the Russian government for Indian mobile operator SSTL has been announced by Russian Prime Minister Vladimir Putin. SSTL operates under the brand name MTS India. He made the announcement while on a visit to India.

20 percent stake in SSTL is also planned to be purchased by the Russian government for USD 676 million.

SSTL is a joint venture of Russian telecommunications holding company Sistema and India’s Shyan group.