CDMA operator Sistema Shyam Teleservices (SSTL) Thursday announced it
will participate in the spectrum auction to be held next month and will
close operations in 10 service areas after 30 days.
"I would like to
confirm our intention to participate in the upcoming spectrum auctions
in March 2013.The go forward plan includes continuing with the Company's
focus on its data centric-voice enabled strategy in select circles,"
SSTL President and CEO Vsevolod Rozanov said in a statement.
company, which provides service under MTS brand name, said it has
started the process of informing its customers in 10 circles Assam,
Andhra Pradesh, Bihar, Himachal Pradesh, Haryana, Jammu and Kashmir,
Madhya Pradesh, North East, Orissa and Punjab to switch to other telecom
operators of their choice.
"SSTL is providing a 30 day time
window to all its customers in the 10 circles to exhaust their balance
and to port out to a telecom operator of their choice," it added.
The closing down of SSTL's operation in 10 circles will impact around 22 lakh customers on its network.
has a customer base of over 14 million, out of which less than 15 percent come from the impacted circles," the company said.
spokesman declined to clarify whether the bidding would be for CDMA
spectrum in the 11 circles where it has not mentioned any closing of
Supreme Court had last year cancelled 21 out of 22
permits of the company in which Russian conglomerate Sistema JSFC and
Russian government hold 56.68 percent and 17.14 percent stake
The company did not participate in November 2012
auction citing that its curative petition is pending before the apex
court in which it has sought exemption from SC judgement that cancelled
its telecom permits.
The curative petition of the company was rejected by the apex court last week.
a separate order on February 15, 2013, the Supreme Court asked telecom
companies whose licences were cancelled by it and could not win or
participate in November 2012 spectrum auction, to close their
SSTL, however, said the order does not impact its business and a separate order by the apex court on its matter is awaited.