Russia's MTS awards Samsung $55 million 4G network deal

Reuters News
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Posted: Sep 13, 2013 9:51 AM
Russia's MTS awards Samsung $55 million 4G network deal

MOSCOW (Reuters) - Russia's top mobile phone operator MTS said on Friday it had signed a $55 million three-year infrastructure contract with Samsung Electronics Co Ltd to help it roll out a fourth-generation LTE network.

Samsung will install at least 3,000 base stations in Russia's north west under the deal, MTS said in a statement.

(Reporting by Maria Kiselyova; Editing by Megan Davies)