Mobile TeleSystemsNYSE
Advanced Chart
  • Tue, Sep. 20, 1:43 PM
    • Mobile TeleSystems (MBT -0.7%) has acquired 100% of a regional asset of mobile operator SMARTS OJSC to shore up its presence and spectrum holdings.
    • The acquisition, of SMARTS-Yoshkar-Ola, cost 41M rubles (about $632,000), including debt of 27.7M rubles, and is handled through MTS' wholly owned subsidiary Telecom Povolzhye. The SMARTS unit is active in the Republic of Mari El.
    • The deal will not only build MTS presence in Mari El but add spectrum of 14.8 MHz in the 1800 MHz range, helping MTS further develop its LTE networks.
    | Tue, Sep. 20, 1:43 PM
  • Jul. 17, 2015, 2:13 PM
    • Russian telecom Mobile TeleSystems (NYSE:MBT) is down 2.8% after news it's buying 100% of NVision Group -- a Russian IT solution provider -- from two subsidiaries of conglomerate Sistema, for up to 15B rubles ($262.7M).
    • Sistema has a controlling stake in MTS.
    | Jul. 17, 2015, 2:13 PM | 3 Comments
  • Mar. 18, 2014, 12:40 PM
    • Yandex (YNDX +7.5%) has acquired KitLocate, an Israeli developer of geolocation, location geo-fencing, and motion detection tech that can be used by mobile apps needing precise data about a user's position and movements. Terms are undisclosed.
    • Yandex argues KitLocate's solution, which relies on statistical analysis, can improve battery life by lowering a phone's dependence on power-draining GPS/GLONASS receivers. The company plans to integrate KitLocate's offerings with its mobile apps/services, and sees localized search results and targeted ads as two potential applications.
    • Yandex is headlining a buy-on-the-news rally among tech stocks with strong Russian/Ukranian exposure, as Vladimir Putin signs a treaty annexing Crimea to Russia. Other gainers: QIWI +7.1%. EPAM +4.9%. LXFT +4%. MBT +3.3%.
    | Mar. 18, 2014, 12:40 PM
  • Apr. 2, 2013, 2:19 PM

    Russian carriers Vimpelcom (VIP +3.3%) and MTS (MBT +0.6%) remain committed to bidding for buying rival Tele2 Russia, even though Tele2 Russia's parent company has effectively dismissed their $4B-$4.25B offer. Sweden-based Tele2 says it was aware of all options before agreeing to sell ts Russian ops to state bank VTB for $3.5B in a deal that gives it rights (for 12 months) to half of any profits VTB gets from a resale.

    | Apr. 2, 2013, 2:19 PM
  • Mar. 28, 2013, 1:56 PM

    Russian mobile carriers VimpelCom (VIP +0.2%) and Mobile TeleSystems (MBT +0.3%) are prepared to offer $4B-$4.25B for rival Tele2 Russia, Bloomberg reports. Though Sweden-based Tele2 has already agreed to sell its Russian ops to local bank VTB for $2.4B + assumed debt, there have been reports of third-party interest. Billionaire Mikhail Fridman's Alfa Group might also join the fray.

    | Mar. 28, 2013, 1:56 PM