Moscow, Russian Federation – PJSC MTS (NYSE: MBT, MOEX: MTSS), the leading telecommunications operator in Russia, announces that MTS is entering the tower infrastructure market and invites potential partners – organizations, agencies and communication services operators – to apply for use of the equipment on MTS towers.
MTS has devised a strategy for the development of its own infrastructure of mobile communications towers, which, among other things, creates a new business direction of managing existing tower infrastructure. In addition to renting space on towers and antenna support structures, as MTS is one of the largest owners of fiber-optic communication lines in Russia, all potential tenants will benefit from the possibility to rent appropriate communication channels.
At the first stage of its implementation, MTS offers for rent space at more than 5.5 thousand existing towers and antenna support structures. The towers and antenna support structures available for rent are ready for the installation of telecommunications and other type of equipment from all would-be partners.
By the end of 2016 and beyond, MTS may gradually offer to rent additional towers and antenna support structures to meet potential rental demand.
To implement this strategy, MTS has created a special unit focusing primarily on tower infrastructure rent. All the processes are centralized and applications for the rental of antenna towers are to be sent in free form to: email@example.com
“The rental market of antenna towers in Russia has been actively evolving. As we are diversifying our business, we announce that we are ready to offer our facilities for rent for any tenant. In the first phase, we are prepared to rent more than 5,500 towers in operation and our further development in this field will depend upon the mix of the demand from potential partners and our technical capabilities”, said vice-President of MTS on Technology and IT Andrey Ushatsky.
“Today we are pleased to invite all the interested organizations and agencies to partner with MTS for mutually beneficial cooperation. Our business-model allow us to provide potential tenants with favorable financial conditions. We would also like to announce that for our partners’ added convenience, we have devised a simple contract structure that does not require long-term obligations, additional fees for access to infrastructure, penalties for early termination and other factors that potential tenants will find attractive”, added Mr. Ushatsky.
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For further information, please contact in Moscow:
Joshua B. Tulgan
Director, Department of Corporate Finance and Investor Relations
Mobile TeleSystems PJSC
Tel: +7 495 223 2025