MTS And Vodafone Expand Partnership Agreement - Quick Facts

(RTTNews) - Mobile TeleSystems PJSC (MBT) and Vodafone (VOD, VOD.L) announced that they have agreed to extend their strategic partner market agreement and expand the scope of it in Ukraine, signifying a deeper relationship between the two companies in the country.

Under the new partnership, the companies will roll out 3G and develop a number of new services in the market using the Vodafone brand in the Ukraine.

Both companies have been working together since the original partner market agreement was signed in 2008. As per the agreement, MTS has gained exclusive access to a range of products, services and devices from Vodafone for both consumer and corporate markets. It has also helped MTS leverage Vodafone's expertise in marketing and deployment of new technologies. This new agreement builds on and develops this long-standing partnership.

Headquartered in Kiev, MTS Ukraine has more than 20 million customers and 3,800 employees.

The launch of 3G services under the Vodafone brand in Ukraine will commence in the coming months and will include the transition of MTS's retail outlets and the majority of its dealerships.

Under this new strategic partnership, Vodafone will introduce a number of its services to the Ukrainian market which have proved extremely popular in Europe, including bundled offers, competitive long-distance international calls and worry-free roaming when abroad.