M&A Deal Summary

Service-Telecom Acquires National Tower

On September 6, 2021, Service-Telecom acquired communications company National Tower from VEON for 970M USD

Acquisition Highlights
  • This is Service-Telecom’s 1st transaction in the Communications sector.
  • This is Service-Telecom’s largest (disclosed) transaction.
  • This is Service-Telecom’s 1st transaction in Russia.

M&A Deal Summary

Date 2021-09-06
Target National Tower
Sector Communications
Buyer(s) Service-Telecom
Sellers(s) VEON
Deal Type Divestiture
Deal Value 970M USD

Target

National Tower

Russia
National Tower operates a portfolio of approximately 15,400 mobile network towers in Russia. National Tower is based in Russia.

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Buyer(S) 1

Buyer

Service-Telecom

Moscow, Russia

Category Company
Sector Communications
DESCRIPTION

Service-Telecom is an independent telecom tower company manages more than 2 500 sites (mast structures and steel poles of different height) located in the key markets of Russia including the Moscow region, Saint Petersburg and the Leningrad region, as well as regional markets of Pskov, Novgorod, Vologda, Arkhangelsk, Nizhny Novgorod, and the Nizhny Novgorod region, Yekaterinburg and Krasnodar. Service-Telecom is based in Moscow, Russia.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Russia) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

VEON

Amsterdam, Netherlands

Category Company
Founded 1992
Sector Communications
Employees16,422
Revenue 3.7B USD (2023)
DESCRIPTION

VEON is a provider of telecommunication services. VEON provides more than 200 million customers with voice, fixed broadband, data, and digital services. VEON was founed in 1992 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Russia) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 OTM

Moscow, Russia

OTM is a technology platform for the automation and planning of online advertising purchases. OTM includes a full stack of programmatic products (DSP, SSP, DMP, AdExchange, Antifraud, Smart Switch). OTM was founded in 2010 and is based in Moscow, Russia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-17 IBS DataFort

Moscow, Russia

IBS DataFort is a provider of cloud based IT and security service for cloud computing companies. IBS DataFort is based in Moscow, Russia.

Buy -