Sistema PJSFC operates as an investment holding company, which engages in investment activities. It operates through the following business segments: Mobile TeleSystems, RTI, MTS Bank, Sistema Shyam TeleServices, and Corporate. The Mobile TeleSystems segment is a telecommunications group in Russia and the CIS, offering mobile and fixed voice, broadband, internet access, pay TV as well as content and entertainment services in Russia, Ukraine, Armenia, Turkmenistan and Uzbekistan. The RTI segment is a Russian industrial holding, which develops and manufactures high-tech products and infrastructure solutions in the fields of radio communication and space technology, threat monitoring and control solutions, microelectronics and system integration. The MTS Bank segment is a universal commercial bank with operations in Russia and Luxemburg. The SSTL segment is a mobile operator in India. The Corporate segment comprises the company and entities, which hold and manage the company's interests in its subsidiaries, joint ventures and associates. The Other segment includes other operating segments including Sitronics-N, Kronshtadt Group, Detsky mir, Segezha Group, Targin, Binnopharm, Medsi, SG-trans, Agroholding Steppe, Sistema Mass-media, Intourist, Leader-Invest and Bashkirian Power Grid Company. The company was founded by Evtushenkov Vladimir Petrovich on July 16, 1993 and is headquartered in Moscow, Russia.