TTC acquires Magnitogorsk operator

Russian service provider TTC has acquired Magnitogorsk operator Maginfo for US$40 million (€30 million).  According to TTC, Maginfo customers will be able to retain their current terms of service. TTC vice-president of strategic development Shukhrat Ibragimov said that Maginfo was one of the leading service providers in the Chelyabinsk region. He said that Maginfo had […]

Russia’s TTC close to acquiring Magnitogorsk operator

Russian service provider TransTelecom (TTC) is close to acquiring Magnitogorsk broadband and pay TV provider Maginfo, according to local reports.  According to Vedomosti, citing a source close to one of the parties, TTC, which has expanded to new cities offering TV a mix of cable and IPTV technology, is close to acquiring the regional operator, […]