Russia"s biggest mobile operator, MTS , said in a regulatory statement on Thursday it will spend 9.3 billion roubles ($127 million) for buyout of 28.5 million shares from shareholders who disagree with its reorganization. The company plans a reorganization and may sell its tower assets, Chief Executive Vyacheslav Nikolaev told the Kommersant daily published on Tuesday, following an industry-wide trend of telecoms firms cashing in on the money-making power of masts. MTS is one of several Russian companies developing services beyond its core business, including MTS Bank, e-commerce and streaming service KION. ($1 = 73.1410 roubles)