MTS enters tower infrastructure market

Russia-based telecommunications operator Mobile TeleSystems PJSC MTS (NYSE: MBT, MOEX: MTSS) is entering the tower infrastructure market, the company said.

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.

Mobile TeleSystems PJSC provides wireless Internet access and fixed voice, broadband and pay-TV to over 100 million customers throughout Russia, Ukraine, Armenia, Turkmenistan, Uzbekistan and Belarus.