Rostelecom, MTS Agree to Collaborate on LTE, Vedomosti Reports

OAO Rostelecom (RTKM), Russia’s dominant fixed-line phone operator, and private cellphone operator OAO Mobile Telesystems (MTSS), known as MTS, agreed to use each other’s infrastructure to facilitate the development of LTE networks for faster data transmission, Vedomosti reported today, citing representatives of both companies.

To contact the reporter on this story: Marina Sysoyeva in Moscow msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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