Rajnath Singh refuses to pinpoint blame about 'rumours' on son

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New Flight MH 370 theory

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Sistema Shyam narrows loss to Rs 495 cr

Nov 19 2012, 14:27 IST
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Sistema Shyam, which provides services in the brand name of MTS, today reported its net loss has narrowed to Rs 495.4 crore for the third quarter ended September 30.   (Reuters) Sistema Shyam, which provides services in the brand name of MTS, today reported its net loss has narrowed to Rs 495.4 crore for the third quarter ended September 30. (Reuters)
SummaryThe company had posted a net loss of Rs 1,009.7 crore in the same period a year ago.

minutes in second quarter of 2012.

Rozanov said the subscriber growth during the reported quarter slowed down due to strict control over sales and marketing expenditures, aggressive tariffs and predatory practices launched by competition which lead to churn of existing subscribers. SSTL's subscriber market share increased to 1.83 per cent in third quarter of of 2012 compared to 1.77 per cent in the second quarter of 2012.

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