Rostelecoms-Tele2 MergerrnMakes Market Sense

摘要

Russia's Rostelecom has gained board approval to merge its mobilernoperations with fellow wireless operator Tele2. The merged entityrnwill control around 16% of the market by subscriptions, providingrna greater challenge to the established players, MTS, Megafon andrnVimpelCom. The decision is hardly a surprise as BMI had previously expounded the virtues of a merger between the two companies.