MTS acquires CPaaS provider MTT for RUB 5 billion

News Broadband Russian Federation 30 JUN 2021
MTS acquires CPaaS provider MTT for RUB 5 billion

Russian operator MTS has acquired the business services provider Multiregional TransitTelecom (MTT) for RUB 5.0 billion, helping strengthen its position in the market for enterprise fixed services. In addition to B2B and wholesale services, MTT is a major player in the communications-platform-as-service (CPaaS) space.

MTT was founded in 1994 in order to facilitate inter-operator network coordination. The company has since expanded to offer a wide range of enterprise and wholesale services. This includes advanced CPaaS services for SME and enterprise clients, including cloud-based phone systems (virtual PBX) and telecom APIs for software developers to integrate omnichannel communications into their apps. MTT also operates its own MVNO and has developed a MVNE platform. 

The acquisition earlier received all necessary approvals, including clearance from the federal anti-monopoly regulator FAS.

Categories:

Fixed

Companies:

MTS,  MTT

Countries:

Russian Federation

Tags:

Voice services, Unified communications, Messaging, Wholesale, Enterprise, M&A buyouts & divestments

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