17 Dec 2009 13:03

Synterra to own telco SvyazIntel outright soon

MOSCOW. Dec 17 (Interfax) - LLC Synterra-Urals, part of the Synterra company group, will be raising its stake in Chelyabinsk operator LLC SvyazIntel to 100% in the near future, a company statement says.

Synterra has transferred a 50.01% stake in SvyazIntel to subsidiary Synterra-Urals (representing Synterra's interest in the Urals Federal District), which had already agreed to purchase 49.99% of SvyazIntel shares from other private-individual shareholders. That will bring Synterra-Urals stake in the Chelyabinsk operator to 100%. The deal price-tag and the names of the sellers Synterra press secretary Yekaterina Andreyeva declined to provide.

This share transfer takes place under a Synterra group structural realignment representing a technical procedure, as the Chelyabinsk operator's business operations have long been under the control of Synterra-Urals, the company statement cites Synterra General Director Vitaly Slizen as saying.

The company group Synterra unites CJSC Synterra, CJSC PeterStar, satellite operator Global Teleport, and a number of regional operators. Synterra's sole owner is the group PromSvyazCapital, controlled by Alexei and Dmitry Ananyev.

LLC SvyazIntel was set up in 2000 and joined the Synterra group in 2005. The company offers services to legal entities in Chelyabinsk.