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MTS Acquires Multiregion for $123.5 Million

Files under: News
Posted by: Quintura @ 15:09 [18. 07. 10]

The leading telecoms group in Russia, Mobile TeleSystems (MTS) has acquired #4 Russian cable TV provider and broadband operator Multiregion for $123.5 million, the company announced. MTS will also assume debts totalling $94.4 million. Founded in 2004, Multiregion has 700,000 cable TV subscribers and 260,000 broadband subscribers. The company operates under the Multinex (Мультинекс) brand [...]