Vodafone leases brand to MTS in Ukraine

Vodafone will lease its brand to Mobile TeleSystems PJSC’s business in Ukraine. |||
Moscow – Vodafone Group will lease its brand to Mobile TeleSystems PJSC’s business in Ukraine, helping Russia’s largest wireless carrier eschew association with its home country amid political tensions between the two ex-Soviet republics.Under the agreement, the companies will roll out third-generation mobile services using the Vodafone brand in Ukraine, they said in separate statements on Friday. Newbury, England-based Vodafone’s brand will be used at MTS’s retail outlets and the majority of its dealerships. Financial details weren’t provided. Ukraine accounted for about 8 …read more

Source: Independent Online

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