News: AFK Sistema OAO (SSAq.L)

SSAq.L on London Stock Exchange

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Tue, Apr 16 2013

Russia's Sistema reports $200 mln Q4 net profit

MOSCOW, April 16 - Russian oil-to-telecoms conglomerate Sistema reported on Tuesday a net profit of $200.9 million for the fourth quarter of 2012, compared with a net loss of $530.2 million the same period the previous year.

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UPDATE 1-Sistema cuts India spending until break-even

* Sees unit breaking even on OIBDA level by mid-2015 at latest

Russia's Sistema plans up to $1 billion investment in India

MOSCOW - Russian conglomerate Sistema may invest up to $1 billion in India in 2013-2015, the head of its Indian mobile phone unit Sistema Shyam TeleServices, Vsevolod Rozanov, said on Tuesday.

Russia's Sistema plans up to $1 bln investment in India

MOSCOW, April 9 - Russian conglomerate Sistema may invest up to $1 billion in India in 2013-2015, the head of its Indian mobile phone unit Sistema Shyam TeleServices, Vsevolod Rozanov, said on Tuesday.

Russia's Sistema cuts stake in Binnopharm after merger

MOSCOW, April 2 - Russian oil-to-telecoms conglomerate Sistema said on Tuesday its stake in Binnopharm decreased to 74 percent as the unit merged assets with infusion solutions and blood substitutes maker Alium.

Sistema unit wins airwaves for $670 mln in India sale-sources

NEW DELHI, March 11 - Sistema's Indian mobile phone unit, the sole participant in a sale of cellphone airwaves in India, won airwaves in eight telecommunication zones for 36.39 billion rupees ($670 million), two sources with direct knowledge said.

CORRECTED-(OFFICIAL)-Russia's Sistema still in talks over Argos Group

(Changes headline and story following clarification from a Sistema spokesman that a reference to 100-150 million euros does not refer to the valuation of Argos)

Sistema owner defends Indian telecom investments

MOSCOW, Feb 22 - Russian conglomerate Sistema on Friday defended its bid to recover mobile phone licences in India as a strategic move giving it a launchpad for investment in southeast Asia.

UPDATE 1-Sistema scales back Indian mobile ops ahead of auction

NEW DELHI/MOSCOW, Feb 21 - Russian conglomerate Sistema said on Thursday that its Indian mobile phone unit would cease operations in almost half its regions as it prepares to bid in a spectrum auctions re-run.

Sistema India phone unit shutting ops in 10 zones

NEW DELHI, Feb 21 - Russian conglomerate Sistema's Indian mobile phone unit said on Thursday it will shut services in 10 telecommunications zones, but is preparing to bid in the airwave auctions due next month.

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