OREANDA-NEWS. On 06 March 2008 Comstar – United TeleSystems JSC the leading supplier of integrated telecommunication solutions in Russia and the CIS announced about cooperation with Administration of Podolsky region (Moscow area) in the field of telecommunication infrastructure development.

Comstar-UTS cooperate with the local administration of Podolsky region to ensure reduced-price telephone services for limited income residents.

Besides, in the near future Comstar-UTS Moscow Area Branch will start construction of telecom network in Podolsky region to provide the region residents with a set of advanced telecom services, including telephony, broadband Internet, cable and IP TV. Within two years the branch will introduce more than 10,000 phone numbers and roll out more than 50 km of backbone network lines in the region.

Dmitry Dronov, Director of Comstar-UTS Moscow Area Branch, says, "The cooperation is a prerequisite for large-scale business development and promotion of the services in one of strategically important areas for us, Moscow region".

Comstar – United TeleSystems JSC provides voice, data, Internet, pay-TV and other value-added services to residential subscribers, companies and operators using an extensive backbone network and exclusive last mile access to 98% of Moscow households. The company also renders services in several regions of Russia and the CIS. As of September 30, 2007, the Comstar-UTS subscriber base included 3.6 million residential users, 452,600 broadband users and 108,600 corporate users in Moscow and about 94,100 subscribers in the CIS regions and countries. The revenue of Comstar-UTS for the first 9 months of 2007 was US $1,080.2 million, and OIBDA was 43% of revenue. The stocks of Comstar – United TeleSystems are listed on Moscow and London stock exchanges; the company's ticker is CMST. For details, please, visit: http://www.comstar-uts.ru