Russian Giants Eye Expansion

The two largest Russian mobile and wireline operators, MTS and Rostelecom, are assessing options to expand into new markets, with MTS looking to become a global player and Rostelecom looking at acquisitions in the CIS. These moves are in addition to the operators' respective transitions towards becoming integrated telecoms providers in the domestic Russian market. CFW considers geographic diversification positively, with both firms currently heavily dependent on the Russian market. However, the success of expansion strategies will depend on the specific targets.

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