Misplaced Pages

#676323

33-584: PJSC VimpelCom is the third-largest wireless and second-largest telecom operator in Russia. VimpelCom's main competitors in Russia are Mobile TeleSystems and MegaFon . PJSC VimpelCom's headquarters is located in Moscow. In 1996-2010, traded as NYSE :  VIP . It was wholly owned by VEON , although in the process of being sold after VEON announced the sale of their Russian operations in November 2022. In 2022,

66-599: A group of American investors, the International Communications Group , with a 45% stake; and the government of what was then the Uzbek Soviet Socialist Republic , with a 55% stake. When Uzbekistan declared independence several weeks later, the registration of the joint venture was shifted from Moscow to Tashkent , with the government stake taken over by the independent Uzbek government. The company first turned

99-625: A license to expand it on 700 MHz in December 2010. The brand UMC in Uzbekistan existed until mid-2007, when a major rebranding campaign occurred turning UMC into MTS. In July 2012, authorities in Uzbekistan announced the suspension of the operating license of MTS's subsidiary Uzdunrobita . Officials argued that MTS-Uzbekistan has been responsible for a series of technical violations, and its operations have been suspended beginning on

132-478: A mechanism for selecting players from the Gambit league to professional e-sports teams. On September 17, 2019, it was revealed that a storage device containing 1.7 terabytes of information related to MTS was exposed to the public internet in a data leak. In 2022, the company's revenue amounted to 392 billion rubles. In January 2024, MTS, which previously owned a minority stake, increased its stake to 80.58% in

165-498: A partnership deal with MTS, whereby Vodafone services will be available to MTS subscribers and both companies have noted the potential for more efficient purchasing, starting with operations in Ukraine . In October 2015, Mobile TeleSystems and Vodafone expanded their strategic partnership; this resulted in the rebranding of MTS Ukraine to Vodafone Ukraine . MTS sold its Ukraine operations in 2019. In Armenia, services under

198-543: A profit in 1993. By 1996, it had $ 50 million in annual revenues, 7,000 subscribers, and employed 224 staff. Gulnora Karimova gained control of the firm in the late 1990s or early 2000s, and by 2005 it was 74% owned by Russia's MTS, which paid $ 121 million for the stake. In 2006 it was reported to have 250,000 subscribers, ahead of Daewoo Unitel , which had 100,000, and a number of much smaller firms. The company launched an LTE network on 2.6 GHz in July 2010, and receive

231-506: A white egg which symbolises simplicity and genius, while the right square bears the name of the company: МТС (MTS). In 2010, MTS announced acquisition of Sistema Telecom, the owners of the MTS "egg" logo, for $ 380 million, thus becoming the sole owner of the logo. In 2008, the MTS brand was included in the Top 100 World's Most Powerful Brands list by Financial Times /Millward Brown ranking, becoming

264-681: Is MGTS . Founded in 1882 the Bell Telephone Company built a manually operated exchange with a capacity of 800 numbers and 26 households signed up. In two years the roll had increased to 3,000. In 1891 the Swedish-Danish-Russian Joint Stock Company signed a contract to provide service to Moscow for 18 years. In 1994 the Moscow City Telephone Network was structured into a joint stock company. A majority stake

297-440: Is held by Mobile TeleSystems . In November 2013 it was reported that the company chose four suppliers of main and distribution of fiber optic cables for the development of optical fiber cables network until 2016 volume of purchases made more than 1 billion rubles. Earlier that month the company announced rebranding and new positioning of the company as a multi-service operator, to create a single digital platform of Moscow. In 2014

330-467: The Moscow Government plans to revoke MGTS monopoly on public telephones, which the company had since 1994, and to select a new operator that will add completely new device features, such as parking fees payment option. In May 2021 MTS President Vyacheslav Nikolaev announced MGTS slit-off, as well as other telecom, IT, and cloud-focused companies to MTS Web Services legal entity by the end of

363-640: The Turkmentelecom enterprise of Ministry of Communications of Turkmenistan, which says that MTS Turkmenistan will on a monthly basis pay to Turkmentelecom 30% of its net profit derived from operations in Turkmenistan . This agreement is for five years and may be extended another five years subject to some conditions. The company has also been granted GSM and 3G licenses for a three-year term. MTS Turkmenistan in September 2017 faced termination of

SECTION 10

#1732782605677

396-515: The MTS brand were provided by K-Telecom CJSC, under the brand names VivaCell-MTS  [ hy ] (from 2007-2019) and Viva-MTS (from 2019-2024), 80% of which were owned by Mobile TeleSystems. The number of subscribers of VivaCell-MTS in Armenia by March 31, 2011 was 2.55 million. By May 2011, VivaCell-MTS occupied more than 60% of the mobile market in Armenia, and by December 2017, VivaCell-MTS had 2.1 million subscribers. In January 2024, it

429-441: The action as a "shakedown", but was unable to effectively oppose it, and moved to write down its stake. At the completion of the case in September 2012, the company's assets were seized, and some of its executives sentenced to prison terms. The Russian Foreign Ministry reacted and declared that Russia was concerned about the situation with Mobile TeleSystems’ Uzbekistan subsidiary Uzdunrobita , after Uzbek authorities suspended

462-701: The cancellation of its licences by the Supreme Court of India , MTS is present in 9 circles out of 22 telecom circles of India. Media reports suggest that the Russian government was planning to buy a 20% stake in SSTL for about $ 700000 million. MTS India was acquired by Reliance Communications (RCom) on 14 January 2016 in an all-stock deal, in which SSTL received a 10% share in RCom. SSTL was merged into RCom on 31 October 2017. On 31 October 2008, Vodafone announced

495-586: The capital of the Urent scooter rental service, which provides services in more than a hundred cities in Russia. In Belarus , the MTS trademark renders services of cellular communication and data transmission of "Mobile TeleSystems JLLC". The founders of this company are Beltelecom (51% of shares) and The Russian Mobile TeleSystems OJSC (49% of shares). As of December 2017, MTS had 5.2 million subscribers in Belarus. On 25 July 2012, MTS signed an agreement with

528-579: The company also offers local telephone service , broadband , mobile television , cable television , satellite television and digital television . As of Q1 2021, the company serves over 84.9 million subscribers in Russia and Belarus . In May 2006, MTS changed their logo as a part of rebranding campaign performed by their parent company, AFK Sistema PAO . The logo now has two red squares next to each other. The left one, common in form (but not colour) to all AFK Sistema PAO's telecom subsidiaries, contains

561-769: The company's revenue amounted to 280 billion rubles. VEON completed the sale of PJSC Vimplecom in October 2023, with Aleksander Torbakhov serving as PJSC Vimplecom CEO. The company was founded in 1992 in Moscow , Russia and initially operated AMPS / D-AMPS network in Moscow and Moscow Oblast. The brand " Beeline " was created in 1993. PJSC VimpelCom also acquired companies such as Russia-On-Line in 1999, Cityline and EDN Sovintel in 2001, and Corbina Telecom in 2006. It had also acquired Global TeleSystems (GTS), SovAm Teleport , GlasNet , SLTMobitel , E-Mobile, and Orascom Telecom Holding S.A.E. . In 1996 OJSC VimpelCom became

594-513: The construction of the fixed network, the company launched the DVB-C digital television standard in Ulan-Ude , Blagoveshchensk , Ussuriisk and Nakhodka . In November 2013, MTS completely switched to digital TV by connecting new subscribers, ending the connection to analogue television . In March 2019, MTS launched an interactive media platform for cyber athletes and gamers called WASD.TV, and

627-400: The evening of July 17. According to the MTS, the suspension could affect millions of Uzbek mobile phone users. An MTS statement said the firm has some 10 million clients among Uzbekistan's population of 28 million. In August 2012, the government of Uzbekistan revoked the company's operating license and arrested several of its top management, citing repeated regulatory violations. MTS protested

660-585: The firm for bribery to secure contracts in Uzbekistan. MTS agreed to pay a penalty of $ 850 million. In 2008, Sistema formed 74:26 joint venture with India 's Shyam Group to form Sistema Shyam Teleservices (SSTL), and acquired a pan-India licence to provide CDMA services in the country. In March 2009, SSTL launched the MTS India brand in the state of Tamil Nadu , followed by neighbouring states Kerala and West Bengal in April and May respectively. Following

693-592: The first Russian company listed on the New York Stock Exchange ( NYSE :  VIP ). In 1997 the company began GSM network roll-out and in 2001 it started GSM networks throughout Russia's regions . On February 29, 2008 OJSC VimpelCom completed a merger with Golden Telecom . In October 2008 OJSC VimpelCom acquired a 49.9% stake in Euroset , the largest mobile retailer in Russia and the CIS. In 2010

SECTION 20

#1732782605677

726-617: The largest Russian mobile and fixed telecommunications brand. Until this purchase, MTS was presented at the fixed telephony market through its subsidiary Moscow City Telephone Network (MGTS). In November 2013, the company has launched the "Home Phone MTS" in Ryazan , Oryol , Kirov , Krasnodar , Rostov-on-Don and Yekaterinburg . The subscription fee for the wired telephone is 100 rubles. Per month, it includes unlimited calls to numbers of local fixed-line operators. The cost of calls to mobile numbers range from 1.1 rubles per minute depending on

759-458: The mass market in the regions. In 2013, Interregional TransitTelekom won a tender held by MTS to provide IPX services, and became one of the service providers for the company in the international telecommunications market. In November 2013, MTS began offering their Russian customers LTE roaming service, after such agreement were signed first with South Korean operator SK Telecom , and then with Saudi Arabia and Great Britain . Along with

792-532: The mobile operator's license and put a senior official into custody. The dispute, which analysts fear may lead to MTS exiting the market, broke out at the beginning of 2012 when Uzbek authorities launched a near $ 1.3 million back-tax claim against MTS. MTS said in an e-mailed statement that the actions of the Uzbek authorities may be interpreted as “baseless attacks on the business of the Russian investor.” However, in 2019, The United States Department of Justice charged

825-605: The most valuable Russian brand. According to this ranking, in 2010 MTS brand was 72nd most valuable brand worldwide with the brand value of $ 9.7 billion. In 2010, MTS also became the most valuable Russian brand according to the Interbrand ranking. In 1994, a joint venture of Moscow City Telephone Network , T-Mobile and Siemens , which later MTS GSM (Mobile TeleSeratout) became part of Mobile TeleSystems (MTS), offered Russia's MTS GSM first mobile phone service "Mobile Telecommunications" (Russian: Мобильные ТелеСвязи ) for

858-401: The operator will complete the construction of a dagital technology platform based on fiber networks to buildings (FTTx) and will provide all users access to a package of services, including broadband Internet access (broadband), digital TV, and telephony. By late 2013 The company has built about 25 thousand kilometers connecting 650,000 households in Moscow. In January 2014 it was reported that

891-466: The permit to use the dedicated radio frequency spectrum and some other required resources. The provision of communication services to subscribers in Turkmenistan was suspended. As of 2016, MTS-Turkmenistan had 1.7 million subscribers at its peak. Uzdunrobita was the largest mobile phone operator in Uzbekistan in the 1990s and 2000s. Uzdunrobita was founded in 1991, as a joint venture between

924-530: The public in Moscow . In the same year in June, VimpelCom also started Beeline mobile phone service. MTS, having started Mobile TeleSeratout in the Moscow license zone in 1994, received licenses in 1997 for further areas and began expansion across Russia, later entering other countries of the CIS . In 2009, MTS acquired several independent mobile retail chains, creating MTS monobrand retail network of 3300 stores —

957-524: The region. Prior to that, in several cities such services are also provided by Comstar, a subsidiary of MTS. During 2012–2013, MTS deployed FTTB network in nearly twenty new cities of the Far East , Siberia , Central , Volga and Ural federal districts. In 2012, MTS launched in cities where the DTV signal standard is DVB-C , and in December 2013, launched a project to provide fixed telephony services to

990-456: The second largest retail network in Russia. Also in 2009 MTS started marketing MTS-branded mobile handsets. In 2010, MTS became the 5th best selling handset brand in Russia, after Nokia , Samsung , LG and Sony Ericsson . In 2010, MTS announced the acquisition of 62% of the stock of Comstar, the biggest Russian fixed internet and cable TV provider with 7.5 million of passed households. Comstar products were re-branded to MTS in 2010, forming

1023-459: The subsidiary's local management team. PJSC VimpelCom was valued at approximately $ 6.1 billion under the agreement. CEO - Torbakhov Alexander Yurievich. President - Pankov Alexander Alexandrovich. Mobile TeleSystems Mobile TeleSystems ( MTS ) ( Russian : Мобильные ТелеСистемы , МТС) is the largest mobile network operator in Russia , headquartered in Moscow , operating on GSM , UMTS and LTE standards. Apart from cellular network,

PJSC VimpelCom - Misplaced Pages Continue

1056-454: The ticker “VIP” was transferred to VimpelCom Ltd. holding. In February 2017, VimpelCom renamed itself VEON , after the messaging platform that it had developed. On April 14, 2005, the company decreased its net income in 2002 and 2003 as a result of this restatement: 2002 - $ 2.8 million or 2.2%, 2003 - $ 5.2 million or 2.2%. On November 24, 2022, VEON announced that it had entered into an agreement to sell its Russian subsidiary PJSC VimpelCom to

1089-444: Was announced that MTS had sold its Armenian unit to Fedilco Group, selling 100% of its shares. Moscow City Telephone Network The Moscow City Telephone Network (MCTN; Russian: Московская городская телефонная сеть , romanized:  Moskovskaja Gorodskaja Telefonnaja Set' (MGTS) ) is a publicly held utility providing local telephone service to over 4,000,000 subscribers in the city of Moscow, Russia. Its Latin acronym

#676323