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Russian Vedomosti: MTS Fell Short in Telsim Sale |
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Written by Administrator
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Sunday, 18 December 2005 |
The Russian newspaper Vedomosti has reported the Russian GSM company
MTS fell short of buying Turkish mobile telecommunication company
Telsim.
A related article said MTS made an offer $2.85 billion;
however, British Vodafone proposed the highest bid of 4.55 billion and
won the sell-off tender held Wednesday in Istanbul.
MTS apparently had never planned to bid higher than three billion dollars, the paper wrote. |
