Comstar-UTS has acquired LLG Strategy, the 100% owner of the alternative telco Ural Telephone Company (UTC), for R1.015 billion (€27.5 million) in cash.
UTC is the leading alternative provider of fixed-line services in Ekaterinburg and Sverdlovsk region of Russia. It owns an 800km fibre optic network and plans to launch IPTV services.