1. VIP has competed with Mobile Tele (MBT) as the smaller player for the past decade or so – but this year became the bigger of the two.
2. VIP has acquired GLDN (golden telecom) which gives VIP a massive edge over MBT. GLDN owns the fiber backbone in russian high networth areas…like Moscow…offering internet and cable to customers (they own a dominant 80-90% of this market)
3. VIP will gain many subscribers from MBT over the coming years as they offer bundled packages to customers in this area….also immediately offering deals to the GLDN customers who do not already use VIP