Rostelecom acquired a full share (100%) of TVE-Telecom, a provider of an MVNE platform that allows creating virtual mobile operators, as well as managing their products and services. The deal amounted to $23 million (1.7 billion rubles).

Rostelecom clarified that the deal will increase the growth rate of MVNO business "by creating a single circuit on the basis of TVE-Telecom for the development of a virtual environment managed by Tele2 (owned by Rostelecom), regardless of third-party solutions and third parties."

TVE-Telecom will become part of Rostelecom as a subsidiary. It will become a competence center for the development and launch of new MVNO projects.

Earlier it was reported that Tele2 plans to develop a segment of virtual operators in Russia together with the Plintron MVNA platform. The first agreements on the start of new projects in Moscow and St. Petersburg have already been concluded.

Original (in Russian)