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MTS gets $1bn loan to buy Ericsson kit

23 November 2009

Russian mobile operator MTS has negotiated $1 billion finance to buy Ericsson equipment for network expansion for voice and data services, backed by the Swedish export credit agency

Comment: MTS, backed by Russian industrial giant Sistema, is an expanding company. In October it took over Comstar UTS, a fixed network operator which also owns MGTS, the Moscow city...






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