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Rostelecom buys Sibitex to develop B2B business as it continues to absorb regional telcos

Connectivity BusinessbyConnectivity Business
January 11, 2017
in Investments, Space Services, Strategy and Markets
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Russian operator Rostelecom has completed the acquisition of 100% of enterprise-focused telco Sibitex through its regional subsidiary Bashinformsvyaz. Sibitex specialises in providing broadband, telephone and TV services to corporate clients. Russian operator Rostelecom (MCX:RTKM) has completed the acquisition of 100% of enterprise-focused telco Sibitex through its regional subsidiary Bashinformsvyaz (MCX:BISV). Sibitex specialises in providing broadband, telephone and TV services to corporate clients. “The acquisition of Sibitex is part of our business development […]

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Tags: AistBashinformsvyazEuropeFitch RatingsPremiumRostelecomRussian TowersSibitexStandard & Poor'sTF252VimpelCom
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