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Bryan Cave Leighton Paisner Advises MTT Group on Sale of MTT to PJSC MTS

Bryan Cave Leighton Paisner Advises MTT Group on Sale of MTT to PJSC MTS

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Bryan Cave Leighton Paisner has advised the MTT Group on the sale of MTT to Mobile TeleSystems PJSC for RUB 5 billion.

The transaction has passed all regulatory approvals and has closed.

According to BCLP, "MTT is one of the top-10 biggest telecom companies in Russia and a leading provider of intelligent connectivity solutions for businesses. MTS expects that the deal will help it become a Russian market leader in Virtual Private Branch Exchanges and Telecom APIs and strengthen its position in high-growth tech sectors such as eCommerce, telemedicine, e-ticketing, and ride-hailing and delivery."

BCLP’s team included Partners Matvey Kaploukhiy and Ian Ivory, Counsels Nikolay Kholshev, Anna Zelenskaya, and Inna Firsova, Senior Associate Denis Khramkin, Associate Director Lena Belozerova, Associates Ruslan Nurullaev and Mikhail Erokhin, and Paralegal Gleb Aleksandrov.

BCLP did not reply to our inquiry on the matter.

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We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

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