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quotes are delayed according to the
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03.03.10
COMSTAR ELECTS NEW BOARD OF DIRECTORS
Moscow, Russia – March 3, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications service provider in Moscow and 69 Russian cities, today announced that its the Extraordinary General Meeting of Shareholders (“EGM”), held on March 3, 2010 has elected a new Board of Directors.  02.03.10
COMSTAR-UTS AND UKRAINIAN MOBILE COMMUNICATIONS SIGH A NETWORK INTERCONNECTION AGREEMENT
March 2, 2010, Moscow: COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the leading operator of integrated telecommunication services in Russia and the CIS, announces that COMSTAR-UTS and Ukrainian Mobile Communications, a subsidiary of Mobile TeleSystems (MTS), have signed a network interconnection and telecom service agreement. 25.02.10
COMSTAR ACQUIRES MINORITY SHAREHOLDING IN ITS YEKATERINBURG-BASED SUBSIDIARIES
Moscow, Russia – February 25, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications service provider in Moscow and 69 Russian cities, today announced that its wholly-owned subsidiary Comstar-Regions has completed the cash acquisitions of the outstanding 20% minority stake in Yekaterinburg-based cable-TV and communications operator EuroTel LLC and a 25% minority stake in ‘Management and Leasing’ LLC, which owns communication infrastructure in Yekaterinburg. Comstar now owns 100% of the issued share capital in both companies. The total cash consideration for the two related acquisitions is RUB 100 million (US$ 3.33 million[1]).
[1] Bank of Russia’s US$-RUB exchange rate as at February 25, 2010
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