Industry Risks Outweigh The Potential Rewards

摘要

The assets belonging to MTS' bankrupt Uzbekistan subsidiarynare being put up for auction on July 1, according to the Uzbeknreal estate exchange. The starting price for the sale is USZ600bnn(US$286.9mn), and interested parties must submit a deposit of 20%nof this figure in order to participate in the sale. Although Uzbekistanncontains plenty of upside potential for growth, BMI cautions that thenbusiness environment risks are too overwhelming for the country tonbe an attractive expansion location.