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Volcanoes may be active under Arctic ice
Mobile TeleSystems (NYSE:MBT) said it paid $110 million for an additional 46 percent of ReCom, a mobile GSM-900/1800 operator based in central Russia. MTS now owns 100 percent of ReCom and its subscriber base of 2.7 million.
MTS and its stable of subsidiaries now have a subscriber base of more than 54 million in Russia and surrounding republics.