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Shyam Tele Goes Pan India: Gets Spectrum for All India Roll Out
(1 votes, average: 5.00 out of 5)
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In a major step up Shyam Telecom is said to have got Pan India spectrum to launch mobile services. This is a huge feather in the cap the Sistema controlled for Shyam Tele which now becomes only the third player in market to have a Pan India spectrum. They have been allotted spectrum in the CDMA platform. Among the new crop of mobile telecom players, Shyam is perhaps the first and only player to have a nationwide reach with this announcement.
They already had spectrum for 12 circles : Tamil Nadu, West Bengal, Andhra Pradesh, Uttar Pradesh (East) Uttar Pradesh (West), Himachal Pradesh, Madhya Pradesh, Bihar and Haryana, North-East, Assam and Jammu and Kashmir, before they added Maharahtra and Kerala a while back to the list. With this annoucnement, Shyam Tele has bagged licences for 21 circles. They were already operating in Rajasthan under the brand Rainbow before this spectrum allocation, and has a good 200,000 subscribers there.
The move is a major landmark for Russian owned Sistema. They are also reportedly looking at increasing their stake in Shyam to 74% and plans to finance its investments by utilising money under the Rupee-Rouble debt agreement between India and Russia. With the recent interest global telcos are showing inthe growing Indian market, this doesn’t come as much of a surprise.
Now perhaps, the point to ponder would be if Reliance entering the GSM market while still holding the CDMA lines that it almost monopolized with some interesting strategies, have any bearing on Shyam Tele’s plans. Will the shift in focus be beneficial for Shyam or make matters tougher since it only has CDMA license.
While that is a regular competitive and business strategy question, which they will have to deal with in any case, I think Shyam Tele has the capacity to create a major impact in the mobile service industry. They have been recording strong performances and garnering a good name with their Telecom services and equipment business since quite a while now and if this news is anything to go by, they certainly have the wherewithals to get things done as well. Perhaps a good point for investors to note.
Speaking of the mobile industry, tomorrow is IAMAI’s mobile VAS conference. Given the buzz surrounding the space lately it sure has to be a cracker of an event.
I think its great… the more the competition among service providers the better it will be for the users. would help eliminate the risk of monopoly or atleast keep it to a minimum.
We welcome SHYAM TELE to Kerala. In case they are looking for a suitable place at Kochi, the industrial capital of Kerala, to house their corporate offices and other technical establishments we have a suitable place. We are nearing completion of a three storied building with 22000 sft total area with lift, ample parking area, wide roads around and in close proximity of main rly stn and highway.
If interested, contact me on +91 9995676680. OR give me mail id, I’ll send complete details and drawings.