Russia’s largest cellular operator OAO Mobile TeleSystems (MTS) filed an application with the Federal Antimonopoly Service (FAS) for the acquisition of the St. Petersburg company Teleforum “, which includes 193 passenger compartment.
As Kommersant daily, the company estimated at $ 10 million According to experts, cease cooperation with the largest cellular retailers Euroset, MTS can turn its attention to small regional chains.
Sources claim that “Teleforum” the MTS company, which has long worked on the St. Petersburg market.
JSC “Teleforum, which could be already the third since the beginning of this year’s purchase of MTS cellular retail, founded in 1998 in St. Petersburg as the wholesale and retail network for selling media.
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Categorized | M&As in Telecom
MTS may acquire St. Petersburg company Teleforum for $ 10 million
Posted on 01 June 2009
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