Russian behemoth Mobile TeleSystems (MTS) says that it has completed the purchase of 100% of shares in regional mobile network operator (MNO) Bashkortostan Cellular Communication (BCC) from Rostelecom subsidiary Bashinformsvyaz for RUB300 million (USD5 million) including net debt. In a press release, MTS says the acquisition will allow it to strengthen its presence in the Republic of Bashkortostan by obtaining additional frequency resources, including 2×15MHz of spectrum at 2100MHz, and 2×4.4MHz of frequencies in the 450MHz band.
Commenting on the purchase, Andrei Ushatskiy, the firm’s VP for technology and IT, said: ‘The acquisition of a significant frequency resource at a reasonable price in Bashkortostan, one of Russia’s ten largest regional telecom markets, is fully aligned with MTS’ strategy of enhancing the group’s capabilities throughout Russia’s regions. With this investment, we are directly increasing our 3G network capacity and speed in Bashkortostan by doubling the frequency resource in the 2100MHz band. We intend to use these frequencies to further develop our data networks.’