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Sistema Shyam secures $279m loan

13 August 2010

Sistema Shyam TeleServices (SSTL) has secured a loan of $279 million from State Bank of India (SBI). The company has appointed JFSC Sistema as the corporate guarantor.

Read more: Sistema Shyam TeleServices SSTL State Bank of India

MTS, a unit of Sistema, will use the proceeds for pan-India expansion, capital as well as well as operating expenses,...





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