MOSCOW (Reuters) – Russia’s mobile phone operator MTS said on Friday it will evaluate whether its listing in the United States is in the best interest of shareholders and assess whether the Moscow Exchange can be main trading platform for its stock.
The company, whose stocks are listed in Moscow and New York, said it plans to consider ways of increasing trading volumes in the Russian capital.
MTS shares were down 4 percent in Moscow shortly after the announcement.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.