MTS eyes acquisitions in Europe

MTS, a leading mobile operator and telecom provider in Russia and the CIS, is considering acquisition opportunities among European assets that have suffered in the crisis, said MTS investor relations officer Josh Tulgan in an exchange with Bloomberg yesterday.

“You can characterize some assets in Europe as borderline distressed. Obviously, we look at opportunities,” though the company doesn’t have an “active goal” to expand beyond its current market, the news agency quoted Tulgan as saying.

“Our focus is maximizing value on the Russian market and the Ukrainian and the Belarussian markets,” he said.

Topics: Finance, International, M&A, Mobile & Telecom, News, Operators & Networks
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