Comstar buys regional telco

14 Nov 2007

Russian wireline carrier Comstar UTS has paid USD21 million to acquire an 87.5% stake in Regional Technical Centre (RTC), an alternative regional fixed line and cellular telco in the Khanty-Mansi Autonomous Area. The stake was purchased from TNK-BP Holding, DigitalMediaAsia reports. Comstar UTS is already present in the Khanty-Mansi Autonomous Area through its subsidiary Tyumenneftegassvyaz (TNGS).

Russia, Comstar United TeleSystems (Comstar UTS)