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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, william.mauldin@dowjones.com (Olga Razumovkskaya in Moscow contributed to this article.)

Stock News for Mobile Telsys Ojsc (MBT)
DateTimeHeadline
03/19/201412:23:26MTS Being Investigated by US Justice Department, SEC Over Uzbekistan...
03/12/201405:25:11VimpelCom Probed by SEC, Dutch Authorities Over Uzbekistan Operations
02/04/201407:01:14Mobile TeleSystems to Up Dividend Payments in 2014-15 -CFO
02/04/201404:29:41MTS Sees Anti-Terror Bill Slowing On-Line Payment Growth
01/28/201402:32:08AFK Sistema Chair Wants MTS to Become Global Telecom Company
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11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Purchases
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Sales
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Eliminations -2-
11/14/201307:19:29The Vanguard Group 3Q 13F: Largest Purchases -2-
11/14/201307:19:25The Vanguard Group 3Q 13F: Largest Sales
11/06/201302:13:16Russia's Central Bank Moves Ruble Corridor Higher
10/29/201306:07:17Russian PM: May Force Ukraine To Pay For Gas In Advance-Report

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