Synterra eyes MTT?

12 Sep 2007

The Russian internet service provider Synterra is reportedly interested in acquiring Multiregional Transit Telecom (MTT). Local press reports are linking Synterra with MTT, which offers domestic and international long-distance services. MTT is owned by Sistema (50%), the main shareholder in the Comstar UTS group of companies, and Gamma Capital (50%). Synterra is currently rolling out WiMAX wireless broadband networks in cities across Russia, and MTT’s national infrastructure would create a ready-made backbone network. Neither Synterra nor MTT have commented on the press reports.

Russia, Comstar United TeleSystems (Comstar UTS)