Russia’s biggest mobile phone operator MTS has agreed to sell Vodaphone Ukraine Vodaphone to Azerbaijan’s Bakcell LLC for $734 million. Under pressure, after the war started, Moscow-based MTS first re-branded its Ukraine operation Vodaphone, then tried to sell it. According to analysts at Moscow’s BCS Global Markets interviewed by the Financial Times, Vodaphone “appears to have been sold at a discount.”
Russia’s biggest mobile phone operator MTS has agreed to sell Vodaphone Ukraine Vodaphone to Azerbaijan’s Bakcell LLC for $734 million.
