MTS splashes the ca$h

24 Jun 2005

Mobile TeleSystems (MTS) has contracted Siemens for the expansion of its GSM/GPRS networks in Russia, Belarus and the Ukraine, in a deal worth USD265 million. Earlier this week MTS raised its capital expenditure forecast for the full year 2005 to USD2 billion.

Belarus, Russia, Ukraine, Mobile TeleSystems (MTS)