MTS Acquires a Regional Asset of SMARTS to Enhance Services in Republic of Mari El
The deal has been concluded according to framework agreements regarding the resolution of legal disputes and mutual claims, which arose at the end of 2015 as a result of the acquisition of several companies by MTS from SMARTS Group. The price paid for the asset remains the same as was initially determined by a contract concluded between MTS and SMARTS Group in 2014.
MTS has received approvals of the Federal Antimonopoly Service (FAS) and all of the necessary corporate approvals.
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