SSTL ceases investments in the voice business until the upcoming spectrum auction -

Sistema Shyam Teleservices Limited (SSTL) has said that it will not pump in any more investment in its voice business in India until the spectrum auction is over, say news reports.

SSTL?s license was cancelled as per the Supreme Court?s verdict in the 2G spectrum case.

According to Vsevolod Rozanov, president and CEO, SSTL the company has been suffering a loss of $1.5 million a day since its license was cancelled.

SSTL ceases investments in the voice business until the upcoming spectrum auction

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