Russian regulators will reportedly allow state telecom operator Rostelecom to acquire a 50 percent stake in T2 Rus Holding, which controls fellow operator Tele2 Russia.
The nation’s Federal Antimonopoly Service will clear the deal, allowing Rostelecom and Tele2 Russia to establish a joint venture, in which Rostelecom will own 45 percent.
In return, the joint venture will gain certain Rostelecom assets.
Financial details of the deal were not reported.
Full Content: Telecompaper
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