Rostelecom pulls out of AKADO merger talks

18 Jan 2018

Russia’s dominant national fixed network operator Rostelecom has called off negotiations for a proposed takeover of Moscow cableco AKADO, reports Telecom Daily. The state-backed company’s president confirmed that it is no longer in talks with AKADO as the parties could not agree on a price, although Rostelecom remains ‘interested’ in the asset.

Russia, AKADO Telecom, Rostelecom