Sstl

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  ISRO Successfully Puts 2 UK Satellites Into Orbit

  Two satellites aboard the Indian rocket - Polar Satellite Launch Vehicle (PSLV) - belonged to Surrey Satellite Technologies (SSTL), UK.

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  ISRO to Launch 2 UK Satellites Into Orbit on Sunday

  The two satellites belong to Surrey Satellite Technologies Ltd (SSTL), UK, under commercial arrangement with Antrix Corp - the commercial arm of ISRO.

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  RCom-Sistema Shyam Merger Gets DoT Approval

  Under the deal, all wireless business assets of SSTL will come under RCom - however, the brand MTS will continue to operate.

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  Mobile Internet Subscribers in India Reached 342.65 Million in March: Sinha

  In the list of 138 mobile Internet service providers shared by the minister, telecom major Bharti Airtel topped the chart with 90.53 million subscribers.

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  BSNL Says Added Most Subscribers in April, Beating Private Operators for Third Month

  "Growth of BSNL in April 2016 is 1.32 percent against the industry average 0.06 percent. BSNL has given highest growth consistently in last months i.e. February, March and April."

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  Telephone Subscriber Base Grows to 105.88 Crores in March: Trai

  The overall tele-density in the country went up to 83.36 percent at the end of March, from 82.89 percent last month.

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  Spectrum Cost Very High in India, Says SSTL

  "We thought of partnership (merger with RCom) because actually the game is quite big. The cost of spectrum is very high," SSTL CEO Sergey Savchenko said.

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  Reliance Communications Shareholders Approve SSTL Merger

  The RCom-SSTL merger deal has been cleared by Competition Commission of India, Rajasthan High Court, Bombay High Court, and Sebi.

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  RCom Gets BSE, NSE Approvals on SSTL Acquisition

  It added, "The company and SSTL are proceeding to file necessary application with the Bombay High Court and Rajasthan High Court respectively for approval of the scheme."

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  SSTL Reports Narrowing of Q3 Loss to Rs. 406 Crores

  The operating loss of SSTL also significantly reduced to Rs. 44.3 crores during the reported quarter compared to Rs. 103.7 crores a year ago.

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  'Reliance Communications Deal With Sistema Can Trigger Similar Mergers'

  Analysts say it could also be a pre-cursor for future transactions around spectrum and even sale of business.

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  Reliance Communications to Acquire SSTL's MTS Telecom Business

  RCom said Sistema Shyam Teleservices Ltd (SSTL) will hold a 10 percent equity stake in RCom as a result of the deal.

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  SSTL Reports Widening of Q2 Net Loss to Rs. 400.4 Crores

  SSTL however narrowed its OIBDA or operating loss to Rs. 54.1 crores for the April-June period.

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  ISRO to Undertake Biggest Commercial Launch on July 10

  In the heaviest ever commercial mission undertaken by ISRO and its commercial arm Antrix, the country's workhorse the Polar Satellite Launch Vehicle (PSLV) will put in orbit five foreign satellites from the spaceport of Sriharikota in Andhra Pradesh on July 10.

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  MTS Launches Homespot Instant Wi-Fi Solution

  MTS' Homespot Instant Wi-Fi solution comes with an MBlaze Ultra dongle, and is targeted at people in the age group of 16-35 years.