Mobile TeleSystems PJSC: Disposal of Ukraine business will improve liquidity and business risk, but reduce scale and geographical diversification
We view the disposal of the Ukraine business as credit neutral, based on our estimate that it will generate a net cash inflow of $320 million following the payment of a special dividend.Mobile Tornado Group's principal activity is the provision of instant communication mobile applications which serve the market of mobile data services in the mobile communication industry.
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