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Sistema eyes India market
Monday, 14 April, 2008
In an attempt to foray into the Indian markets, Russian based consumer services and telecommunication provider Sistema Group is rolling out its mobile services in India by next year.
"India is focus market for us and we are looking at growing our presence in the telecom space by acquiring an existing operator. We are already talking to some of the players." said Sistema official.
The company is also expected to invest around Rs 4,000 crore this fiscal for the launch of its network.
--MP
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