ER-Telecom completes Megapolis takeover in Irkutsk

9 May 2016

Perm-based Russian fibre broadband and cable TV operator ER-Telecom has completed the purchase of Megapolis-Telecom (Megatelecom), which provides triple-play internet, telephony and TV services over its own fibre-optic network in Irkutsk and Shelekhov. The deal, which received Federal Antimonopoly Service (FAS) approval in October 2015, forms part of an acquisition spree for ER-Telecom, which obtained FAS clearance to bid for another five operators in Irkutsk – Delovaya Set-Irkutsk, Viacom, Sibtelecom, Korvet-Telecom and Irknet Telecom – in November 2015 (although completion of these deals remains pending), whilst it sealed the 100% takeover of B2B fixed-wireless broadband operator Prestige Internet (Enforta) in February 2016. Furthermore, the FAS approved ER-Telecom’s bid for St Petersburg telco WestCall last week.

TeleGeography’s GlobalComms says that ER-Telecom (trading under the Dom.ru brand) operates in the residential and corporate fixed broadband/pay-TV markets of 56 Russian cities in 36 regions, and has over three million fixed broadband subscribers, putting it in second place in the segment behind Rostelecom and narrowly ahead of MTS.

Russia, ER-Telecom (Dom.ru)
http://www.megatelecom.ru