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Monday, January 31, 2011

RPT-Russia's MTS in merger talks with rival telecoms-owner, (NYSE: MBT)

Russia's biggest mobile phone group MTS (MBT.N) is talking to fellow telecoms operators over a possible merger, the CEO of MTS parent company Sistema (SSAq.L) told reporters on Monday. "There are talks," Sistema CEO Vladimir Yevtushenkov said in answer to a press question, without adding further details. (Reporting by Anastasia Teterevleva, Writing by John Bowker, Editing by Vladimir Soldatkin)

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