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MBT Mobile Tornado Group Plc

1.25
0.175 (16.28%)
27 Sep 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mobile Tornado Group Plc LSE:MBT London Ordinary Share GB00B01RQV23 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.175 16.28% 1.25 1.00 1.50 1.25 1.075 1.075 757,361 16:17:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 2.27M -992k -0.0024 -5.21 4.49M

MTS Applies To Antitrust Service For Permission To Buy Comstar

22/05/2009 10:51am

Dow Jones News


Mobile Tornado (LSE:MBT)
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From Sep 2019 to Sep 2024

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Russia's OAO Mobile TeleSystems (MBT) said Friday it has applied to the country's Federal Antimonopoly Service for permission to buy a 100% stake in fixed-line telecoms operator OAO Comstar United TeleSystems (CMST.RS).

If it goes ahead, the deal would create an integrated telecommunications operator in Russia and the Commonwealth of Independent States and speed up the development of integrated and broadband communications services, MTS said in a statement.

Because a potential transaction would involve related parties, MTS's board of directors has set up a special committee of three independent directors to oversee the transaction, the company said in the statement.

A spokesperson for the company declined to give further details.

Web site: www.mts.ru

-By Lidia Kelly and William Bland, Dow Jones Newswires; +7 495 937 8445; lidia.kelly@dowjones.com

 
 

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