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Articles tagged with: Sistema and 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
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
Related Tags: mts, fitch-ratings, Russia
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