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Vodafone and Russia's MTS seek mutual benefits from strategic partnership.(CARRIERS): An article from: Telecommunications Mergers and Acquisitions Newsletter-Gale Reference Team

  • Title: Vodafone and Russia's MTS seek mutual benefits from strategic partnership.(CARRIERS): An article from: Telecommunications Mergers and Acquisitions Newsletter
  • Author: Gale Reference Team
  • Released: 0000-00-00
  • Language:
  • Pages: 0
  • ISBN:
  • ISBN13:
  • ASIN: B001LP3N6Q

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Vodafone and Russia's largest mobile operator, Mobile TeleSystems (MTS), have announced a strategic, non-equity partnership. The deal will see collaboration on future technological developments, according to a press release.

Vodafone has indicated that its products and services will be marketed in Russia and the CIS countries in which MTS operates under a cobranded approach. It has emphasized that it is not offering services in the CIS, nor is it planning to acquire MTS. Instead, it stated that the main benefit it will look to reap will be insight into the emerging markets of the CIS region, in which it has yet to establish a presence. Vodafone chief executive Vittorio Colao has stated that customers will receive greater roaming... pdf
 
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