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Russia's MTS doubled financial claims against Turkmenistan.

Russia's top mobile phone operator MTS filed a lawsuit against Turkmenistan to the International Center for Settlement of Investment Disputes and claims $1.5 billion, although the previous claim it sought was $750 million, Chronicles of Turkmenistan reports.

Currently, the total losses of MTS are estimated at at least $1.5 billion, MTS said.

In August 2018, MTS estimated it losses at $750 million before filing a lawsuit.

MTS had 1.7 million subscribers in Turkmenistan.

In September 2017, MTS, part of the Sistema conglomerate, said state-owned telecommunication company Turkmentelekom had stopped providing it with its international and long-distance zonal communication services and Internet access.

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Publication:AKIpress Central Asian News Service
Geographic Code:9TURM
Date:Apr 10, 2019
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