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Comstar acquires two firms to expand on Ukraine??™s telecom market
Journal Staff Report

MOSCOW, Oct. 31 ??“ Comstar-United TeleSystems, a fast-growing Russian telecommunications company, said it paid $4.7 million to acquire two small Ukrainian telecom operators setting a foothold on Ukraine??™s lucrative Internet broadband access market.

The Russian company acquired DG Tel and Technologic Systems, as both have strong presence in Kiev, and plans to integrate them to create a major provider of Internet access and phone services.




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