MTS bought MTT provider for 5 billion rubles

PJSC Mobile TeleSystems (mobile operator MTS) acquired 100% of shares in the provider of telecom and IT solutions for business, OJSC Interregional TransitTelecom (MTT). The deal amounted to 5 billion rubles. It has already received approval from the Federal Antimonopoly Service, RIA Novosti reports, citing a press release from MTS.

MTT was founded in 1994. The company provides B2B and inter-operator telecommunications services as well as smart business services. MTT has its own MVNO operator and infrastructure for creating and launching virtual mobile operators.

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