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  5. MTS Acquires K-Telecom CJSC

M&A Deal Summary

MTS Acquires K-Telecom CJSC

On September 14, 2007, MTS acquired communications company K-Telecom CJSC

Acquisition Highlights
  • This is MTS’s 2nd transaction in the Communications sector.
  • This is MTS’s 1st transaction in Armenia.

M&A Deal Summary
Date 2007-09-14
Target K-Telecom CJSC
Sector Communications
Buyer(s) MTS
Deal Type Add-on Acquisition

Target

K-Telecom CJSC

Yerevan, Armenia
K-Telecom CJSC is a wireless operator in Armenia

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Buyer(S) 1

Buyer

MTS

Moscow, Russia
Category Company
Founded 1993
Sector Communications
Revenue 541.7B RUB (2022)
DESCRIPTION

MTS is a provider of wireless Internet access and fixed voice, broadband and pay-TV to over 100 million customers who value high-quality of service at a competitive price. MTS was founded in 1993 and is based in Moscow, Russia.

DEAL STATS #
Overall 2 of 3
Sector: Communications M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Armenia M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-27 Barash Communications Technologies

Fort Worth, Texas, United States

Barash Communications Technologies, Inc. is a mobile phone operator in the Republic of Turkmenistan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-01 Comstar-United TeleSystems OJSC

Moscow, Russia

Comstar-United TeleSystems OJSC is a provider of integrated telecommunication solutions in Russia.

Buy -
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