MTS India Promises Customers, it will continue operations beyond January 18, 2013

We are committed to our customers and the investments we have made in India, we intends to continue the mobile service beyond January 18, 2013” says Sistema Shyam TeleServices Limited (SSTL) which operates its telecom services in India under the MTS India brand. MTS India 21 telecom licences where cancelled by Hon’ble Supreme Court during the verdict on 2G scam case on 2nd February, 2012 and have asked operators to promptly inform its subscribers about closure of mobile service in unlicensed telecom circles from January 18, 2013.

MTS India Promises Customers, it will continue operations beyond January 18, 2013

MTS India has put up a notice in its website to promptly inform its subscribers about the current situation SSTL company is going on. The notice says “In response to TRAI Direction dated 17th December 2012, Sistema Shyam TeleServices Limited (“MTS”) remains committed towards its customers in offering world class telecom services. The Hon’ble Supreme Court of India had quashed the 21 licences of MTS vide its judgment dated February 2, 2012(“Judgment”), however, vide subsequent orders, the Supreme Court allowed, inter alia, MTS to continue its telecom operations till January 18, 2013. MTS wishes to inform millions of its customers that being fully committed to its customers and the investments it has made in India, it intends to continue its operations beyond January 18, 2013 and in this context has taken and is taking all the possible steps,to ensure the continuity of its services beyond January 18, 2013. MTS has already filed a Curative Petition against the Judgment seeking to annul the cancellation of its licenses. MTS believes that it has a very good case in the Curative Petition both in facts and law and is hopeful of a favorable order of restoration of its licenses. MTS is hopeful that the Supreme Court will take up its curative petition before January 18, 2013.

Watch the NDTV Profit interview with SSTL President & CEO, who says about the latest situation of MTS operation in India.

We can hope the India-Russia special relation and Curative Petition filed by MTS will surely help SSTL to continue its operation in India. What do you think?

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