MTS sells NVision group is much cheaper than pickuplocation Alexandrov | 03.11.2020
PJSC MTS announced the sale of JSC AFK Sistema, a diversified public holding company and the largest shareholder of MTS, 100% of shares of JSC NVision group 401 million rubles. taking into account
possible adjustments, depending on specified financial performance on the date of closing of the transaction.
The transaction amount is determined on the basis of an independent assessment by KPMG.
MTS sells AFK “System” assets “NVision group” related to the business of system integration, except those which participate in the formation of the product portfolio the MTS. The billing system FORIS
BSS/OSS, which was previously an asset of NVision group, also remains in the MTS.
MTS has obtained all the necessary transaction authorization and approval.
System integrator NVision group has been operating since 2001, is one of the largest providers of it services of the country.
2015 – a centre of expertise in the field of system integration of the MTS. The operator acquired NVision group from Sistema for RUB 11.2 bln.
Total revenue at the end of 2019– 17.8 billion rubles. with VAT. The total number of employees is about 1000 people.
Mergers and acquisitions
MTS | MTS Group NVision | NVision group
