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VimpelCom to sell 13,000 towers in Russia for US$700m

Connectivity BusinessbyConnectivity Business
January 10, 2017
in Investments
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VimpelCom’s Russian unit Beeline has agreed to sell 13,000 telecoms towers to Russian Towers for US$700m, TelecomFinance understands. The two parties have already inked the agreement, which is expected to be completed in Q2 2017. VimpelCom’s (NASDAQ:VIP) Russian unit Beeline has agreed to sell 13,000 telecoms towers to Russian Towers for US$700m, TelecomFinance understands. The two parties have already inked […]

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Tags: Beeline RussiaEuropeEuropean Bank for Reconstruction and Development (EBRD)First Tower CompanyInternational Finance Corporation (IFC)MegaFonMerrill LynchPremiumRussian TowersTele2 RussiaTF252VimpelCom
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