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Russia Antitrust Body Suspects iPhone Collusion At Mobile Firms

MOSCOW -(Dow Jones)- Russia's antitrust authority Wednesday said it suspects two of the country's mobile telephone companies of price collusion on Apple Inc. (AAPL) iPhones. OAO Mobile TeleSystems (MBT) and VimpelCom Ltd. (VIP) have identical prices for iPhone 4 smart phones at the majority of sales outlets, according to Russia's Federal Anti-Monopoly Service, which cited material from Apple saying wholesale prices haven't changed since September 2010 and that there are no price controls on the phones. An investigation by the authority focused on the iPhone 4 32 gigabyte Black and the iPhone 4 16 gigabyte Black, which are listed at 31,890 rubles ($1,019) and RUB26,690 ($853), respectively, on the Mobile TeleSystems website. Unlocked Apple iPhones sold in Russia are among the most expensive in the world. A spokeswoman for MTS couldn't immediately be reached for comment on the investigation, and a spokeswoman for VimpelCom declined to comment immediately, saying a statement would be released later. An Apple spokeswoman in Russia didn't immediately return telephone calls or an email seeking comment. -By William Mauldin, Dow Jones Newswires; +7 495 232-9192, (Olga Razumovkskaya in Moscow contributed to this article.)

Stock News for Mobile Telsys Ojsc (MBT)
09/01/201506:10:53Report of Foreign Issuer (6-k)
08/26/201507:28:07Report of Foreign Issuer (6-k)
08/18/201518:06:00ADRs End Mostly Lower; Harmony Gold Falls
08/18/201513:27:50Report of Foreign Issuer (6-k)
08/18/201508:29:00MTS 2Q Net Profit Down 21.7% to RUB17.1 Billion
08/18/201508:00:00Mobile TeleSystems Announces Financial Results for the Second...
08/11/201511:28:48Report of Foreign Issuer (6-k)
07/31/201511:31:58Report of Foreign Issuer (6-k)
07/20/201512:00:52Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
07/17/201512:19:48Report of Foreign Issuer (6-k)
06/25/201513:45:23Report of Foreign Issuer (6-k)
05/27/201514:46:30Report of Foreign Issuer (6-k)
05/19/201515:12:05Report of Foreign Issuer (6-k)
05/19/201508:30:16Russia's Mobile TeleSystems 1Q Profit Falls 14.3%
05/19/201508:00:00Mobile TeleSystems Announces Financial Results for the First...
05/08/201509:41:07Report of Foreign Issuer (6-k)
04/24/201507:52:21Report of Foreign Issuer (6-k)
04/21/201515:08:03Report of Foreign Issuer (6-k)
04/15/201506:11:50Report of Foreign Issuer (6-k)
03/18/201512:57:02Report of Foreign Issuer (6-k)

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