Changes continue at Russia’s Comstar

A change in the ownership structure of Russia’s Comstar-UTS has been finalised, with Sistema completing the sale of its 50.91% in the company to MTS for around R39.15 billion (€900 million).

At the same time, Comstar-UTS has completed the latest phase of its regional restructuring, with the acquisition of eight cable companies providing cable services by JIR Broadcast Inc, a wholly owned subsidiary of Comstar-UTS.

 

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com.

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