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Shyam Telecom dissolves loss-making subsidiary

Date: 23-03-2016

Shyam Telecom’s foreign subsidiary Shyam Telecom Inc, which was incorporated under the laws of State of Delaware, has been dissolved due to is non viability, regular losses and lack of orders in US markets. The dissolution has been made effective from December 22, 2015. Further, the dissolution certificate was received by the company on March 14, 2016 but the intimation is being made after verifying the authenticity of the certificate.

Shyam Telecom is a leading global telecom equipment manufacturer supplying innovative indoor and outdoor wireless signal enhancement solutions to more than 100 networks in five continents. The company designs and manufactures cost effective RF repeaters, optical distributed antenna solutions, IP cellular backhaul systems