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Vodafone and MTS Enter into Strategic Partnership

Posted on: Friday, 31 October 2008, 12:00 CDT

Vodafone and Russian mobile phone operator Mobile TeleSystems have signed a strategic, non-equity partnership to provide customers with communications services and to collaborate jointly on future technological developments.

Under the agreement, Mobile TeleSystems (MTS) has exclusive access to a range of products, services and devices from Vodafone for its markets of operation in Russia, Ukraine, Uzbekistan, Turkmenistan and Armenia. In addition, MTS will be able to draw on Vodafone's expertise in building and developing 3G networks and mobile broadband products.

Vodafone's products and services will be marketed in Russia and the Commonwealth of Independent States under a co-branded approach. Vodafone will also open a representative office in Moscow to co-operate with MTS on future offerings and customer services.

Mikhail Shamolin, president and CEO of MTS, said: "This groundbreaking agreement will give our customers the most innovative products and services from around the world. At the same time, Vodafone's commercial insights and technical expertise will translate into significant operational efficiencies for MTS over the long-term as we transition our networks to 3G and beyond."

Source: Datamonitor

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