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INDO-RUSSIAN COMBINE GETS PAN-INDIA CDMA SPECTRUM.
NEW DELHI, Sept 1 Asia Pulse - Shyam Telecom (BSE:517411) and Russian major Sistema combine Friday became the first new telecom operator to get pan-India start-up spectrum to offer mobile services.
Communication and IT Minister A Raja has signed the file for allotting CDMA spectrum to Shyam Telecom, which has sold majority stake to Russian conglomerate Sistema Inc.
Shyam-Sistema had opted to offer mobile services in CDMA technology and had applied for 21 circles except Rajasthan where the company is already offering services under the brand name Oasis.
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