Mobile TeleSystems, Russia’s largest mobile operator this week announced the exercise of a call option with Zelenaya Tochka Group, a provider of broadband and digital TV services, to buy out the remaining 49% of Zelenaya Tochka’s share capital in six local fixed-line network operators.
In February 2020, MTS acquired a 51% stake in Zelenaya Tochka Group — comprised of 13 local fixed-line internet providers — via an agreement that included a provision for a three-year call option on the remaining share capital.
Inessa Galaktionova, MTS First Vice President for Telecommunications
By consolidating Zelenaya Tochka’s key assets in Stavropol, Mikhaylovsk, Nevinnomyssk, Elista, and Tambov, we are speeding up the development of bundled convergent offers that combine fixed-line and mobile connectivity in a single subscription, as well as advanced digital solutions for home and office.
