Mobile TeleSystems Public Joint Stock Company (MISX:MTSS) acquired additional 68.81% stake in Yurentbayk.ru LLC from the founders on January 15, 2024. The total amount to be paid for the acquisition will be based on the company's performance in 2024-2025. This increased MTS share in Urent capital from 11.77% to 80.58%. Under the terms of the agreement, Urent's management team under the leadership of the company's CEO Ivan Turinge will remain in charge of the project, with key shareholders participate in the company to develop the business in accordance with the approved strategy.

Mobile TeleSystems Public Joint Stock Company (MISX:MTSS) completed the acquisition of additional 68.81% stake in Yurentbayk.ru LLC from the founders on January 15, 2024.