Russia’s MTS raises contract with Ericsson to over $1.5 billion
Russia’s biggest mobile phone operator MTS (MBT.N) (MTSS.MM) said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson (ERICb.ST) to more than $1.5 billion.
MTS said it had signed a $286 million contract with Ericsson in addition to existing deals.
Source: Reuters
