Business Recorder - Business & Finance - Industry https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 17:16:33 +0500 Thu, 13 Aug 2026 17:16:33 +0500 60 Sistema's India unit sees tripling customer base by 2013 https://www.brecorder.com/news/7119/sistemas-india-unit-sees-tripling-customer-base-by-2013 <p><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/mar/Sistema-Shyam-TeleService-4.jpg" width="400" height="275" />NEW DELHI: Russian oil-to-telecoms group Sistema's Indian mobile unit expects to triple its customer base and aims to be EBITDA positive by 2013, its chief executive said. The company sees 30 million customers by 2013 from 10 million currently, Vsevolod Rozanov, chief executive of Sistema Shyam TeleServices said. Sistema owns a 73.7 percent stake in Sistema Shyam, while India's Shyam group owns 23.8 percent. <center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></p> NEW DELHI: Russian oil-to-telecoms group Sistema's Indian mobile unit expects to triple its customer base and aims to be EBITDA positive by 2013, its chief executive said. The company sees 30 million customers by 2013 from 10 million currently, Vsevolod Rozanov, chief executive of Sistema Shyam TeleServices said. Sistema owns a 73.7 percent stake in Sistema Shyam, while India's Shyam group owns 23.8 percent.
Copyright Reuters, 2011

]]> Business & Finance https://www.brecorder.com/news/7119 Tue, 15 Mar 2011 11:00:40 +0500 none@none.com (Syed Murtaza Gheblehzadeh)