Eastern promises: MTS agrees to invest RUB3.5bn in Primorsky Krai

10 Sep 2012

Russian telecoms giant Mobile TeleSystems (MTS) has agreed to invest RUB3.5 billion (USD110.5 million) in the development of wireless infrastructure in Russia’s Far East Primorsky Krai federal district, Prime-Tass news agency reports. MTS signed the relevant agreement with the region’s authorities at the recent Asia-Pacific Economic Cooperation (APEC) forum in Vladivostok. Under the terms of the contract, MTS is expected to expand its 2G and 3G coverage in remote areas of the region, along the federal and regional highways, and in small localities. ‘By the end of 2013, MTS plans to provide an additional 50 small localities in the region with communications services’, a statement indicated. The cellco also plans to increase data transfer speeds in the region’s largest cities, while also rolling out at least 1,000km of intra-zonal fibre-optic infrastructure in preparation for the deployment of 4G Long Term Evolution (LTE) technology.

Russia, Mobile TeleSystems (MTS)