Thursday, April 28, 2005

Siemens Selected for Mobile Nets in Russia, Belarus and the Ukraine

Siemens was awarded contracts valued at US$265 million to expand mobile networks for Mobile TeleSystems (MTS) in Russia, Belarus and the Ukraine. MTS is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, MTS services about 39 million subscribers. The regions of Russia, as well as Belarus, Ukraine and Uzbekistan, in which MTS and its subsidiaries are licensed to provide GSM services, have a total population of approximately 226 million.