Russia's MTS signs deal to sell iPhone

MOSCOW, Sept 5 Fri Sep 5, 2008 4:29am EDT

MOSCOW, Sept 5 (Reuters) - Russia's largest cellular operator Mobile TeleSystems (MBT.N) has signed a deal with Apple (AAPL.O) to sell the iPhone in Russia, MTS said on Friday.

"Sales of iPhones in Russia will start this year," MTS said in a statement. (Reporting by Melissa Akin, editing by Toni Vorobyova)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.