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.