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MBT Mobile TeleSystems Public Joint Stock Company

5.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mobile TeleSystems Public Joint Stock Company NYSE:MBT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.50 0 01:00:00

MTS Sees Anti-Terror Bill Slowing On-Line Payment Growth

04/02/2014 9:29am

Dow Jones News


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By Olga Razumovskaya

MOSCOW--A new Russian anti-terrorism bill that aims to put tighter controls over on-line payments could hamper development in the area, a vice president of Mobile TeleSystems (MBT), the country's leading telecoms company, said Tuesday.

Vasyl Latsanych said the bill, which was introduced in Russia's parliament in mid-January, isn't welcome as it may complicate on-line payments by introducing too low a threshold for anonymous small daily and monthly payments.

The company, known widely as MTS, currently provides banking services in Russia through its MTS Dengi, or MTS Money, card service that can be used for online payments.

Write to Olga Razumovskaya at olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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