New acquisition

Public joint-stock company "Mobilnyye TeleSistemy" the leading Russian company on providing digital, media and telecommunication services, reports that Intema, the affiliated company LLC "MTS II" (a brand of Public joint-stock company "Mobilnyye TeleSistemy" Artificial intelligence), signed binding documentation about the transaction on VisionLabs B.V acquisition for the sum about 7 billion rubles. The final amount of transaction will be defined following the results of performance of target indicators by LLC "VizhnLabs" within three years. VisionLabs becomes the largest portfolio company the Intema group created of Public joint-stock company "Mobilnyye TeleSistemy" by Artificial intelligence as a new brand, aimed at development market AI products and work in the international markets...