Fedilco Group Limited acquired MTS Armenia CJSC from Mobile TeleSystems Public Joint Stock Company (MISX:MTSS) on January 24, 2024. The transaction also included MobiDram CJSC, a payment system providing financial services in the Armenian market, a 100% subsidiary of MTS Armenia. MTS received all corporate approvals necessary for the transaction, as well as permits from the regulatory authorities of the Republic of Armenia: the State Commission for the Protection of Economic Competition and the Public Services Regulatory Commission.

Fedilco Group Limited completed the acquisition of MTS Armenia CJSC from Mobile TeleSystems Public Joint Stock Company (MISX:MTSS) on January 24, 2024.