Rostelecom to buy 26 pct of TV provider for $57 mln

MOSCOW Thu May 24, 2012 9:04am EDT

MOSCOW May 24 (Reuters) - Russian state controlled telecoms group Rostelecom said on Thursday it would buy a 26 percent stake in Moscow TV network provider Mosteleset for 1.8 billion roubles ($56.76 million).

The company said in a statement it would secure the deal through its subsidiary NTK, which already uses Mosteleset services to supply its own customers.

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