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BRIEF-Telekom Austria acquires fixed-line operator Atlant Telecom
November 30, 2016 / 7:25 AM / 10 months ago

BRIEF-Telekom Austria acquires fixed-line operator Atlant Telecom

Nov 30 (Reuters) - Telekom Austria Ag

* Says acquires fixed-line operator Atlant Telecom in Belarus

* Says has agreed to acquire 100% of the shares in the Belarusian operators Atlant Telecom and its subsidiary Teleset

* Says sellers are the private equity firm Zubr Capital as well as the European Bank for Reconstruction and Development (EBRD)

* Says will finance the transaction via existing cashflow; the closing is expected within the next days Further company coverage:

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