MTS consolidates regional operator

19 Dec 2005

Russian mobile group Mobile TeleSystems (MTS) has consolidated 100% of the shares of its North Ossetia regional subsidiary Telesot-Alania. MTS is looking to improve the group’s efficiency by simplifying its structure, and the integration of Telesot-Alania follows the earlier consolidation of numerous other wholly owned domestic subsidiaries, including Uraltel, Telecom XXI, Kuban-GSM, Digital Network of Udmurtia (DNU-900), Dontelecom, MTS-Barnaul, MTS-Nizhniy Novgorod (MTS-NN), Telecom-900 and Amur Cellular Communication (ACC).

Russia, Mobile TeleSystems (MTS)