Sistema Shyam TeleServices (SSTL), which offers services under the MTS brand, today announced the launch of a faster version of its broadband service ''MBlaze', priced at Rs 2,499 offering speed of up to 9.8 Mbps.

"I feel extremely proud to announce the coming in of the world's first CDMA EV-DO Rev.B Phase II network to India. This historic launch will redefine the way customers experience mobile broadband as we roll out MBlaze Ultra across India," MTS India President and Chief Executive Officer Vsevolod Rozanov said.

The new service, MBlaze Ultra, would be launched in a phased manner.

"It has been launched in Jaipur and will be shortly introduced in top metros and other key cities across India soon," Rozanov said.

SSTL plans to invest close to Rs 50 crore in Rajasthan during 2011, Rozanov said. It has invested Rs 13,500 crore in India so far.

The company's earlier product MBlaze, which offers speed of up to 3.1 Mbps, is available at Rs 1,599. The company will continue to offer the product in the Indian market.

"Upgrading to EV-DO Rev. B Phase II network will allow MTS to provide an enhanced consumer experience with even higher speeds, superior indoor penetration and outdoor coverage," Qualcomm India and South Asia President Avneesh Agrawal said.

SSTL, a joint venture between Sistema of Russia, and the Shyam Group of India, has over 13 million wireless subscribers and under the MBlaze brand provides mobile broadband services to more than one million customers in over 200 cities across the country.