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Mar. 18, 2014, 12:40 PM| Comment!
Apr. 2, 2013, 2:19 PMRussian 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. | Comment!
Mar. 28, 2013, 1:56 PMRussian 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. | Comment!
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Mobile Telesystems OJSC provides telecommunications services including voice and data transmission, internet access, pay TV, various value added services through wireless and fixed lines and sells equipment and accessories.
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