MTS enters the market of broadband Internet and cable television Tula

Operator MTS, said that the MTS Group has acquired 100% stake in four companies that provide cable television and broadband Internet access under the brand name "Altair" in the city of Tula. Hopes the company, the acquisition of the largest regional provider of fixed telecommunications services will allow MTS to strengthen the market position fixed CFA, and allow to occupy leading market positions in cable TV and broadband in the city of Tula. The deal amounted to 680 million rubles ($ 23.2 milliona1) taking into account net debt. Group of Companies "Altair" - leading alternative operator in Tula, which occupies first place in the regional market share of cable television with 72%, and included three leaders to provide broadband Internet access with a share of 22%. Coverage of the fiber-optic network operator, built on technology FTTB, is more than 91% of households in the city. Financial performance of companies will be consolidated in the financial statements of MTS with effect from 22 August 2011.