In reporting its second quarter 2012 results, Russia’s Mobile TeleSystems (MTS) has outlined a number of key figures related to the upcoming relaunch of services in Turkmenistan next month. Capital expenditures for resuming operations at the Russian company’s Turkmen subsidiary are expected to total USD1.5 million, while it has said that for the period 2012-2015 it expects to invest approximately USD40 million in the country. Setting targets for MTS Turkmenistan, its parent company has further revealed that it aims to have 440,000 customers on its books by the end of 2012, while it is hoping to generate revenue of TMT9.4 million (USD3.3 million) in 2012
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OVETEL MTS outlines aims, costs for Turkmen relaunch
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