Mobile TeleSystems Public Joint Stock Company (NYSE:MBT) (MTS) may sell its tower assets, Chief Executive Officer Vyacheslav Nikolaev told the Kommersant daily published on November 16, 2021, following an industry-wide trend of telecoms firms cashing in on the money-making power of masts. ?The process of separating tower assets into a separate company is underway, after which a sale is possible,? Nikolaev said, adding that MTS would have about 23,000 towers by the end of 2021, about 30% more than the nearest competitor. Nikolaev, who said negotiations for the sale were underway, said MTS had other priorities beyond just telecoms.