* MTS, Vimpelcom, MegaFon, Rostelecom to team up with Yota
* Will have an option to buy quarter stake each in Yota
MOSCOW, March 3 Four Russian telecoms providers
plan to sign a deal on Thursday to share a next-generation
mobile network that will be built by smaller rival Yota, Russian
business daily Vedomosti reported.
The deal, to be signed in the presence of Prime Minister
Vladimir Putin, will enable MegaFon, MTS (MBT.N), Rostelecom
(RTKM.MM) and Vimpelcom VIP.N to provide high-speed mobile
broadband services without building separate networks, the
While telecom operators around the world are increasingly
sharing network resources to cut costs, deals covering all the
key operators in the country have been rare.
Yota, in which Russian state corporation Russian
Technologies has a 25 percent stake, already has the spectrum in
180 Russian cities for the fourth-generation LTE network.
Under the deal, the big three mobile operators and
Rostelecom will each have an option to buy 25 percent stakes in
Yota, the report said.
MegaFon, MTS, Rostelecom and Vimpelcom all declined to
comment. Yota was not available for comment.
(Reporting by Maria Kiselyova; Editing by Dan Lalor)