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MTS to spend $430 million to take charge of VivaCell.

Publication: European Telecom
Publication Date: 01-OCT-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: MTS to spend $430 million to take charge of VivaCell.(RUSSIA)(Mobile TeleSystems)(Brief article)

Article Excerpt
Mobile TeleSystems, the largest cell phone operator in Russia, plans to spend $430 million to take control of Armenia-basd operator VivaCell in its attempt to expand beyond Russia. CEO Leonid Melamed stated that this purchase reflects the company's intentions to enter the rapidly growing in...

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...markets the CIS (Commonwealth...

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