Euroset Buys 19 Outlets in St Petersburg

MOSCOW, April 6 (Prime-Tass) -- Russia?s largest mobile handset retailer Euroset has bought 19 outlets from St. Petersburg-based retailer Telecom Point, Euroset said in a corrected press release Thursday.

Initially the company reported acquiring 21 outlets.

Telecom Point operated a total of 28 outlets before the deal, Euroset said adding that its northwest branch now comprises 263 outlets.

Euroset operated 3,111 outlets in Russia, Ukraine, Kazakhstan, Belarus and Kyrgyzstan as of January 1.

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Posted to the site on 6th April 2006