Analysis of Mobile Telesystems OJSC.

0 Comments | M2 Presswire, May, 2007

M2 PRESSWIRE-18 May 2007-Blue Chip News: Analysis of Mobile Telesystems OJSC(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:18052007 Mobile TeleSystems (MTS) gets its rubles from Russians who need to keep in touch wherever they go. Wireless carrier MTS is the #1 digital mobile phone service in Russia.

The company serves about 60 million subscribers, primarily in Russia. MTS, which exclusively uses the GSM (global system for mobile communications) standard, has acquired more than a dozen mobile operators since 1998 to expand its reach across Russia and into Belarus, the Ukraine, and Uzbekistan. Major shareholders include financial-industrial holding company Sistema (about 50), which formed the company with Deutsche Telekom in 1993. Shares were down 3 proposing a...

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