Comstar Archives - Mobile World Live


Russia’s MTS offers to buy Comstar unit’s shares

MTS, Russia’s biggest mobile operator, today offered to buy up to 9 percent of shares in its OAO Comstar United TeleSystems fixed-line unit for 220 rubles (US$7.08) each as a part of the companies’ merger

MTS posts net loss in Q4 on Comstar charges

Telecompaper reports that Russian and CIS mobile operator MTS posted a net loss of US$26.1 million for the fourth quarter, versus a profit of US$171.2 million a year earlier, due mainly to one-time charges for its takeover of fixed-line operator Comstar-UTS.

Comstar completes building first WiMAX network in Armenia

Russia-based Comstar has announced that its Armenian subsidiary, ISP Cornet-AM, has built the first mobile WiMAX network in the Republic of Armenia. 24 basestations, from Airspan, have been deployed, using spectrum in the 3.6-3.8GHz frequency range.


MTS mulls majority stake in fixed-line sister firm

Russia’s largest mobile operator MTS is looking to buy sister firm Comstar in a move that would make it the country’s largest integrated operator by revenue.

MTS completes Comstar buy

Russian mobile operator MTS has closed the acquisition of 50.91 percent of Russian fixed-line operator Comstar, reports Telecompaper. MTS paid RUB39.14 billion for the stake, acquired from Sistema.