OREANDA-NEWS. October 30, 2014. Sberbank CIB organized a RUB 20 bln loan to be paid back in September 2017 and RUB 50 bln seven year non-revolving line of credit3 for the Company.

 The funds will be used for general corporate purposes.

Head of Telecommunications and Media Business Unit, Client Management Department, Sberbank CIB, Ivan Sinchilo said: “By financing MTS’s activities we are helping a company, which provides quality services to more than 100 mln subscriptions, to maintain its leading position in the telecom industry. This significant deal put together by the Sberbank CIB team signifies the strengthening of our companies’ partnership.”

Information for editors:

JSC Mobile TeleSystems
Mobile TeleSystems OJSC ("MTS") is the leading telecommunications group in Russia and the CIS. The Group services over 100 million subscriptions, not including MTS Belarus subscriptions. MTS and its subsidiaries provide GSM services in all regions of Russia, as well as in Armenia, Belarus, Ukraine and Turkmenistan; UMTS services in all regions of Russia, Armenia and Belarus; CDMA-450 in Ukraine and LTE in Russia and Armenia. The company also offers fixed voice and pay TV in all Federal Districts of Russia and Ukraine – more than 3 mln paid MTS home television subscriptions and more than 2 mln broadband access subscriptions. In 2014, MTS was included in BRANDZ™ Top 100 Most Powerful Brands for the seventh year (the ranking is published by the international research agency Millward Brown), named most valuable Russian telecom brand and included in the list of the top ten most valuable global telecom brands. MTS has been listed on the New York Stock Exchange since July 2000 and trades under the ticker MBT. Additional information can be found on the company’s website www.mts.ru.