ER-Telecom cleared for Tomsk trio takeover

12 Sep 2017

Russia’s Federal Antimonopoly Service (FAS) has granted ER-Telecom permission to acquire three telecoms operators in the Siberian city of Tomsk: Tomtel, Urban Internet Networks and Tomsk Telecommunications Company (TTC). According to TelecomDaily, the purchase price could reach a figure in the region of RUB1 billion (USD17.5 million). Earlier, ER-Telecom president Andrei Kuzyaev said that his group intends to spend up to RUB8 billion on acquisitions this year.

Russia, ER-Telecom (Dom.ru)