Reuters logo
RPT-Russia's MTS to purchase Ericsson equipment for 400 mln euros
October 23, 2017 / 7:53 AM / a month ago

RPT-Russia's MTS to purchase Ericsson equipment for 400 mln euros

(Repeats to add Reuters instrument code for Ericsson)

MOSCOW, Oct 23 (Reuters) - Russia’s largest telecoms operator MTS said on Monday it would purchase equipment from Sweden’s Ericsson for 400 million euros ($470.16 million) to modernise its network.

The modernisation is aimed at preparing the network for 5G, a new generation of wireless services, and Internet of Things (IoT) technology that connects household devices to the internet. ($1 = 0.8508 euros) (Reporting by Anastasia Teterevleva; Writing by Maria Tsvetkova; Editing by Gabrielle Tetrault-Farber and David Goodman)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below