Content area
Full text
Telecom operator Sistema Shyam Teleservices (SSTL), which operates under MTS brand, has posted a net loss of Rs 760 crore for the third quarter ended September 30, 2013, due to forex losses and business restructuring.
The company had reported a net loss of Rs 495.5 crore for the same period a year ago.
The revenues of SSTL also declined by about 30% to Rs 284.4 crore during the reported quarter as...