Today it operates three key business lines: unified communications, telecom API (XaaS / CPaaS) and conversation agents (voice bots).
MTT was founded in 1994 to facilitate inter-operator network coordination. The potential synergies in telecommunications as well as cloud and voice services will unlock additional opportunities to help our companies’ business clients further digitally transform their operations,” Vasiliev continued. The deal with MTS will enable MTT to open a new page in its history.
We are developing in both of our growth directions and we expect to see significant growth in the near future. "This has proven that we made a smart bet with MTT’s innovation strategy, which is aimed at winning in this dynamically growing segment. MTT Group CEO Evgeny Vasiliev said: “We have been on a long journey that saw us evolve from being a ‘heavyweight’ transit operator to becoming Russia’s market leader in telecom API and unified communications. MTT, which provides connectivity solutions for businesses, is active in PBX and CPaaS, two segments that are on track to see significant growth in the Russian market.Īccording to MTS, the transaction has already been approved, and has received a green light from the Russian Federal Antimonopoly Service (FAS). Russia’s largest mobile operator, Mobile TeleSystems PJSC (MTS) has acquired MTT for ₽5 billion (US$69 million) on an enterprise value basis.