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Beeline may sell fixed internet business - report
2013-01-30 13:26:00| Telecompaper Headlines
(Telecompaper) Russian operator Vimpelcom, working under the Beeline brand, is considering sell its consumer fixed internet business for around USD 1 billion, reports Vedomosti citing sources in the telecom and investment banking sectors. Beeline would hold on to the fixed internet business for enterprise customers. Beeline has held talks on the sale with the operators ER-Telecom and TTK, and a group of investors related to Russian businessmen Arkady and Boris Rotenberg has also expressed interest in the acquisition, the report said. Beeline last reported around 2.3 million fixed broadband customers at the end of Q3 2012, of which the vast majority use FTTB. It is the second-largest broadband operator in Russia.
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Category:Telecommunications