Rostelecom to acquire broadband Internet provider in Moscow

Rostelecom, Russia’s national telecommunications operator, is to acquire Qwerty, a Moscow broadband Internet provider, Russian business daily Kommersant revealed earlier this week referring to unnamed sources. Qwerty is indirectly owned by Svyazinvest, Rostelecom’s main shareholder. Its value has been estimated at 1.2 to 1.4 billion rubles, or around $40 million, by Raiffeisenbank analyst Sergey Libin, Kommersant …

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