Articles tagged with: Comstar Uts

Sistema Closes Transaction With MTS To Sell Stake In Comstar-UTS

­Russia's Sistema Group says that it has completed the sale of a 50.91% stake in comstar-uts to MTS for RUB 39.15 billion (approximately US$1.32 billion). As the result of this transaction Sistema Group's total shareholding in comstar-uts was transferred to MTS.  more

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Fitch Maintains Russia's MTS on Ratings Watch Negative

Fitch Ratings says that it is maintaining Russia's MTS on Rating Watch Negative (RWN) following news that it is to buy a controlling stake in landline operator, Comstar from its parent company, Sistema.  more

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Russia's MTS Buys Controlling Stake in Landline Operator

Russian mobile network operator, MTS is to buy the 50.91% stake in landline operator, comstar-uts that is held by their mutual parent company, Sistema. The company will pay around US$1.272 billion for the controlling stake.  more

Related Tags: sistema, mts, Russia