CDMA operator Sistema Shyam Teleservices (SSTL) on Thursday announced that it would participate in the spectrum auction to be held next month and would close operations in 10 service areas after 30 days.
“I would like to confirm our intention to participate in the upcoming spectrum auctions in March 2013....The go forward plan includes continuing with the company’s focus on its data-centric voice-enabled strategy in select circles,” SSTL President and CEO Vsevolod Rozanov said in a statement.
The company said it had started the process of informing its customers in Assam, Andhra Pradesh, Bihar, Himachal Pradesh, Haryana, Jammu and Kashmir, Madhya Pradesh, Northeast, Odisha and Punjab to switch to other telecom operators of their choice.
“SSTL is providing a 30-day time window to all its customers in the 10 circles to exhaust their balance and to port out to a telecom operator of their choice,” it added.