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Press-releases
10.03.10
COMSTAR-UTS LAUNCHES TELECOM SERVICES FOR ROSNEFT HQ IN MOSCOW
10 March 2010, Moscow. COMSTAR – United TeleSystems (COMSTAR-UTS OJSC, LSE: CMST), the major operator of integrated telecommunication services in Russia and the CIS, launches telecommunication services on the basis of their own next generation backbone network NGN (Next Generation Network) for OAO Rosneft HQ in Moscow.  09.03.10
COMSTAR INVITES TO JOIN THE FON CLUB
March 9, 2010, Moscow: COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the leading operator of integrated telecom services in Russia and the CIS, announces launching of a quiz titled “FON – communication in the city” for subscribers of the COMSTAR-FON service. 03.03.10
COMSTAR ELECTS NEW BOARD OF DIRECTORS
Moscow, Russia – March 3, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications service provider in Moscow and 69 Russian cities, today announced that its the Extraordinary General Meeting of Shareholders (“EGM”), held on March 3, 2010 has elected a new Board of Directors. 02.03.10
COMSTAR-UTS AND UKRAINIAN MOBILE COMMUNICATIONS SIGH A NETWORK INTERCONNECTION AGREEMENT
March 2, 2010, Moscow: COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the leading operator of integrated telecommunication services in Russia and the CIS, announces that COMSTAR-UTS and Ukrainian Mobile Communications, a subsidiary of Mobile TeleSystems (MTS), have signed a network interconnection and telecom service agreement. 25.02.10
COMSTAR ACQUIRES MINORITY SHAREHOLDING IN ITS YEKATERINBURG-BASED SUBSIDIARIES
Moscow, Russia – February 25, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications service provider in Moscow and 69 Russian cities, today announced that its wholly-owned subsidiary Comstar-Regions has completed the cash acquisitions of the outstanding 20% minority stake in Yekaterinburg-based cable-TV and communications operator EuroTel LLC and a 25% minority stake in ‘Management and Leasing’ LLC, which owns communication infrastructure in Yekaterinburg. Comstar now owns 100% of the issued share capital in both companies. The total cash consideration for the two related acquisitions is RUB 100 million (US$ 3.33 million [1]).
[1] Bank of Russia’s US$-RUB exchange rate as at February 25, 2010 |