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Rostelecom to acquire assets of Rosmedia

| May 2, 2011

Apr 29, 2011 (Datamonitor Financial Deals Tracker via COMTEX) — Rostelecom OAO, a fixed-line telecommunications company, has received an approval from the Federal Antimonopoly Service of Russia (FAS Russia) to acquire the fixed production-related assets of Rosmedia, an internet protocol television (IPTV) operator. Both the companies are based in Russia.

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Deal Type Acquisition Sub-Category Asset Purchase Deal Status Announced: 2011-04-28 Deal Participants Target (Company) Rosmedia – Fixed Production-Related Assets Acquirer (Company) Rostelecom OAO Vendor (Company) Rosmedia

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Category: NEWS

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