{"id":127095,"date":"2011-09-15T13:03:39","date_gmt":"2011-09-15T08:03:39","guid":{"rendered":"http:\/\/www.epress.am\/?p=127095"},"modified":"2011-09-15T14:57:26","modified_gmt":"2011-09-15T09:57:26","slug":"mts-wants-to-sell-france-telecom-among-potential-buyers","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2011\/09\/15\/mts-wants-to-sell-france-telecom-among-potential-buyers.html","title":{"rendered":"MTS Wants to Sell: France Telecom Among Potential Buyers"},"content":{"rendered":"<p>JSFC Sistema, which repeatedly declared the impossibility of selling a majority stake in telecommunications provider MTS (MTC in Russian), seems to have changed its mind. The Moscow-based company is reportedly negotiating a partnership with French telecommunications group France Telecom.<\/p>\n<p>&nbsp;<\/p>\n<p>In exchange for a stake in MTS, Sistema will get a minority stake in a major international corporation, suggest experts, reports RBC daily.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<strong><span style=\"color: #000080;\"><a href=\"http:\/\/www.sistema.com\/our_investments\/core_assets\/mts\/\"><span style=\"color: #000080;\">JSFC Sistema<\/span><\/a><\/span><\/strong> understands that MTS will not be able to show past rates of revenue growth. In addition, oil companies have appeared among Sistema&#8217;s assets which has significantly increased the company&#8217;s financial position. At the moment, we are considering the possibility of selling a majority stake or merging with any of the major international [telecommunications] providers,&#8221; a source told the paper.<\/p>\n<p>&nbsp;<\/p>\n<p>France Telecom (which operates under the &#8220;Orange&#8221; brand) is interested in acquiring the company, but negotiations have led nowhere.<\/p>\n<p>&nbsp;<\/p>\n<p>JSFC Sistema Chair Vladimir Evtushenkov said there have been no offers from France Telecom. He declined further comment. Requests for comments sent to the French company went unanswered.<\/p>\n<p>&nbsp;<\/p>\n<p>Note, one of the 3 mobile communications providers in Armenia \u2014 VivaCell \u2014 belongs to MTS, while another, Orange, belongs to France Telecom.<\/p>\n<p>&nbsp;<\/p>\n<p>Recall, former Armenian president Robert Kocharian is a currently a <span style=\"color: #000080;\"><strong><a href=\"http:\/\/www.sistema.com\/company\/governance\/directors\"><span style=\"color: #000080;\">board member<\/span><\/a><\/strong><\/span> of JSFC Sistema and holds the position of Chair of the Investor Relations Committee.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>JSFC Sistema, which repeatedly declared its inability to sell a majority stake in telecommunications provider MTS (MTC in Russian)&#8230;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":127017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tstyn_error":""},"categories":[10],"tags":[12237,31991,31990,12239,12236,31992,10520],"_links":{"self":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/127095"}],"collection":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/comments?post=127095"}],"version-history":[{"count":0,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/127095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media\/127017"}],"wp:attachment":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media?parent=127095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/categories?post=127095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/tags?post=127095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}