MTS, a leading Russian mobile operator, intends to purchase Bashkortostan’s telecom operator Ufanet, Russian business daily Kommersant reports.
In the fall of 2010 Megafon wanted to buy Ufanet but in the last moment changed decision because of the price of $170-$180 million.
However, according to Kommersant, the price for Ufanet has remained about the same.
The deal has reportedly been approved by the Federal Antimonopoly Service (FAS). Its finalization date has yet to be disclosed. Ufanet is the operator of cable TV and Internet access in Bashkortostan and the Orenburg region.
