Comstar completes regional acquisitions

Russian service provider Comstar-UTS has completed the acquisition of 16 regional telecom and cable companies.

New additions to the Comstar Regions portfolio of companies include two cable and one telecom network in Ivanovo, nine service providers in Kursk, and one each in Ekaterinburg, Tambov, Velikiy Novgorod and Perm.

Comstar said that it would introduce its standards of corporate governance to the new operators as it proceeded with full integration of their networks.