The state's share in MTS put up for international auction

Society
Belarus will put its stake in the Belarusian mobile operator MTS on the international auction, said Deputy Prime Minister Anatoly Kalinin.

Kalinin said that "there was an offer from the Russian company to buy a controlling stake was negotiated, but could not agree on a price (…) They offered to pay only a portion, and then carry an extra charge depending on the rating of the company in the global market (… ) We want them to immediately pay the entire package. "

Russian "Mobile TeleSystems" (MTS) previously expressed interest in acquiring a 51% stake in MTS Belarus. "We are negotiating the purchase. For a reasonable price, with the money that the asset is worth. Our Belarusian partners know all of our proposals," — said the director of "MTS Foreign Subsidiaries" Oleg Raspopov.

What amount of MTS Belarus is ready to pay for an asset, the company did not report.

Belarus is ready to sell the Russian MTS 51% stake in the Belarusian JV "MTS" for $ 1 billion, announced in March Alexander Lukashenko, reminds Interfax.

The founders of the Belarusian "MTS" act two companies:

  • Beltelekom "(51% of the share capital)
  • Russian OJSC "Mobile TeleSystems" (49% of the share capital)

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