MTS will spend a record amount on the purchase of Samsung

MTS has provided cash security to its retail “daughter” — JSC “Russian telephone company” (RTK) in the amount of RUB 7 billion to pay for purchases from Samsung in the next three years, the message of the company. The transaction price is 1.2% of the carrying value of the assets of the RTC, therefore it is subject to mandatory disclosure.

The current amount of guarantees, a record under the contract with Samsung, RBC said the representative of MTS Dmitry Solodovnikov. Samsung is the strategic partner of MTS. In the framework of cooperation provided the limit that the operator can repay, and then choose from it. Thus, the amount for the purchase of equipment Samsung may exceed 7 billion rubles.

“Samsung traditionally occupies a leading position in our sales, and we expect that the demand for gadgets Samsung will remain high in the future, because the quality of smartphones this vendor is one of the highest in the market, and the ratio of functionality and price allows Samsung phones to consistently lead in sales in Russia and on the international market”, — said Dmitry Solodovnikov.

South Korea’s Samsung Electronics from September suffering from the effects of the scandal exploding with smartphones Galaxy Note 7. In stores, these devices came in the middle of August and in early September, the company suspended the sale, saying that the devices may overheat during use and explode. The reason this company is called the defect in the batteries made by one of the suppliers of Samsung.

Samsung asked the owners of the Galaxy Note 7 with the recommendation as soon as possible to exchange the device. All Samsung has recalled about 2.5 million of previously sold devices in different countries that, as noted by The Wall Street Journal, was the largest case of a product recall in company history. In October, the production of Galaxy Note 7 was suspended.

“We believe that the situation with the Note 7 will not affect the popularity of Samsung smartphones in Russia. There are many cases when innovative smartphones, they find themselves in the hands of the users behaved unexpectedly,” — said Dmitry Solodovnikov.