(Corrects to specify new, not existing contract, is for $286) mln)
MOSCOW, Aug 22 (Reuters) - Russia's biggest mobile phone operator MTS said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson to more than $1.5 billion.
MTS said it had signed a $286 million contract with Ericsson in addition to existing deals.
(Reporting by Maria Kiselyova; editing by David Clarke)
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