Rostelecom acquired Alliance Telecom Group.

Rostelecom, the largest digital service provider in Russia, acquired Alliance Telecom Group, which has been providing internet access and TV services across the Primorsky region since 2007. Financial terms were not disclosed. Anna Shumeyko, Senior Vice President and Chief of Staff of the Presidential executive office of Rostelecom, commented: "The acquisition will strengthen Rostelecom's position in the broadband internet market in the Primorsky region. We are seeing a lot of opportunities to realise the synergy effects from operational cost optimization as well as from upselling the Alliance Telecom subscriber base with an expanded set of services, currently available to Rostelecom's clients."