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Press-releases
29.06.10
COMSTAR ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
Moscow, Russia – June 29, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 82 Russian cities, announces the results of its Annual General Meeting of Shareholders, held on June 29, 2010.  28.06.10
COMSTAR BOARD SETS DATE AND AGENDA FOR EGM
Moscow, Russia – June 28, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 82 Russian cities, announces that an Extraordinary General Meeting (“EGM”) of Comstar Shareholders will be held on December 23, 2010, with votes cast remotely via proxy. The record date for participation in the EGM has been set as November 3, 2010. 28.06.10
RESULTS OF MTGS ANNUAL GENERAL MEETING OF SHAREHOLDERS
Moscow, Russia – June 28, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Company”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 82 Russian cities, announces the decisions taken at the Annual General Meeting of OJSC Moscow City Telephone Network (“MGTS”) shareholders, which was held on June 28, 2010. 25.06.10
BOARD OF DIRECTORS OF COMSTAR-UTS APPROVES AGREEMENTS SIGNED WITH ROSTELECOM REGARDING THE SALE OF ITS STAKE IN SVYAZINVEST
Moscow, Russia – June 25, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 82 Russian cities, announces that at a meeting held on June 25, 2010, its Board of Directors approved the purchase and sale agreement between OAO Rostelecom (“Rostelecom” - RTS and MICEX: RTKM, RTKMP; OTCQX: ROSYY) and Comstar, according to which Rostelecom will purchase the common shares of OAO Svyazinvest, which account for the 17.31% of its equity, for RUB 18 billion. 25.06.10
Proposed Merger of MTS and Comstar Voluntary Tender Offer by MTS for up to 9% of Comstar shares
Moscow, Russian Federation — The Boards of Directors of Mobile TeleSystems OJSC (“MTS” – NYSE: MBT), the leading telecommunications provider in Russia and the CIS, and COMSTAR – United TeleSystems JSC (“Comstar” - LSE: CMST), a leading supplier of integrated telecommunication solutions in Russia and the CIS, announce that they have approved and recommend the merger of MTS and Comstar. MTS currently owns 61.97% of Comstar (64.03% excluding treasury shares) and consolidates Comstar in its financial results. As a result of the statutory merger (“prisoedinenie” under Russian law), Comstar will be subsumed into MTS and will cease to exist as a separate legal entity. |