ER-Telecom Holding JSC announces the completion of the transaction to acquire 100% of the united group of companies Avantel.
The merger of the companies will allow ER-Telecom to significantly strengthen its positions in the segment of services for business and government customers, as well as in the operator market of Moscow, Novosibirsk, Tomsk, Barnaul, Nizhnevartovsk, Nefteyugansk, Yuzhno-Sakhalinsk, Samara and St. Petersburg.
Further development of the combined company opens up new opportunities for improving the quality of customer service and expanding Internet access, VPN and telephony services.
«Avantel is one of the largest alternative operators in Russia with strong market positions in Moscow and Siberia.
The deal is of strategic importance to us. It contributes to the consolidation of the market, allows us to strengthen our positions in the capital, the Volga region, Siberia and the Far East, as well as expand into new regions, including the Khanty-Mansiysk Autonomous district.
We intend to preserve the best practices and experience accumulated by both companies, offering our existing and potential customers a qualitatively new level of service and innovative services.
Avantel integration process will be gradual and seamless. No inconveniences and restrictions for current and future subscribers are expected», - emphasized Andrey Kuzyaev, President of JSC ER-Telecom Holding.