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Megaphone declared about the conclusion of transaction on the purchase Of [sinterry]

Thursday, June 3, 2010

Operator [MegaFon] declared about acquisition by 100% of actions of the privately held company “Of [sinterra]” in the group “Of [promSvyazKapital]” (Synterra Of cyprus Of limited (it manages 99,99% of actions Of [sinterry]) and Burnham Of advisors Of limited (it manages 0,01% of actions Of [sint]e[rry]).

Transaction will make it possible to strengthen the positions of operator on the markets for long-distance communication, fixed and mobile wide-band Internet access, convergent services. As megaphone notes, the extensive net infrastructure Of [sinterry] will strengthen its own [optovolokonnuyu] network of megaphone, after ensuring platform for the intensive development of business in the future.

The sum of transaction was 745 million dollars taking into account the debt of the group of companies “[Sinterra]” before the third sides. Megaphone plans to carry out payments by several [transhami]. By the financial consultant of transaction appeared company renaissance capital, juridical - Linklaters CIS. The management of megaphone is planned at the end June to present to board of directors the plan of the integration Of [sinterry] and its daughterly companies into the business of companies.



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