Deals
MTS Climbs to Nine-Month High as India Buyout Concern Fades
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OAO Mobile TeleSystems climbed to a nine-month high as investors increased bets Russia’s biggest mobile operator won’t have to buy controlling shareholder AFK Sistema’s Indian mobile-phone business.
MTS added 2.1 percent to 238.28 rubles by the close in Moscow, the highest price since Aug. 2 and a fifth day of gains. Russian markets reopened today after public holidays on April 30 and May 1.