February 12, 2018 / 10:49 AM / 10 months ago

Russia's MTS buys event ticketing firms for combined $60 mln-plus

MOSCOW, Feb 12 (Reuters) - Russia’s biggest mobile phone operator MTS has bought the country’s two leading event ticketing companies for more than $60 milion, it said on Monday.

MTS said it had acquired 100 percent of Ticketland for 3.25 billion roubles ($56 million) and 78.2 percent in Ponominalu, valuing the latter at 495 million roubles.

$1 = 57.9300 roubles Reporting by Maria Kiselyova and Anastasia Teterevleva; Writing by Vladimir Soldatkin; Editing by David Goodman

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