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Synopsis
Russian telecoms giant Rostelecom completed the acquisition of DataLine, a data storage company. Financial terms were not disclosed. "The acquisition of DataLine strengthens Rostelecom's competitive position, making a significant contribution to its leadership in the growing market of cloud solutions and large-scale infrastructure and product ecosystems, which is currently growing at 2-digit growth rates. The acquisition will support Rostelecom's efforts to expand the range and increase flexibility of services through its growing portfolio," Mikhail Oseevskiy, Rostelecom President.
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