MTS Gains After Resuming Operations in Turkmenistan
American depositary receipts of MTS, as the company is known, advanced 4.7 percent to $18.36 in New York, the most since June 6. The stock gained for the first time in five days.
MTS said it reached an agreement with the Central Asian state’s authorities and signed an accord for five years, which may be extended for an additional five, MTS said in an e-mailed statement today.
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