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Kismet Capital Group Negotiating the Acquisition of Russian Towers

November 8, 2021, 13:33 (UTC+3)|

Kismet Capital Group is negotiating the purchase of the independent tower operator Russian Towers (owns 7,000 objects). According to Forbes, citing a source, the company offers $350 million (25 billion rubles) for the purchase.

Sergei Uchitel, partner of the Pen & Paper Bar Association, specified that if the parties come to an agreement, the deal will require the approval of the antimonopoly authority. In turn, Artur Akopyan, managing partner of UFG Private Equity, which is a shareholder of Russian Towers, denied negotiations on the sale of the company.

According to Forbes, the operator's assets are also of interest to Service-Telecom, since the deal will allow it to enter the Moscow market, where now only Russian Towers and Vertical have the right to install cell towers. According to a representative of Service-Telecom, the operator did not receive an official invitation to participate in negotiations on the purchase of Russian Towers.

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Sergey Uchitel, Partner of the Pen & Paper Bar Association

Earlier it was reported that MegaFon and Kismet Capital Group agreed to create an independent operator of tower infrastructure based on the company Tower One and operator Vertical. The new structure may become the largest player with more than 22 thousand towers.

Original (in Russian)


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