OREANDA-NEWS. June 17, 2009. Elion, a subsidiary of Eesti Telekom, signed a cooperation agreement with one of the biggest Russian telecom companies, Synterra CJSC.

Elion board chairman Valdur Laid said the agreement would create a favorable ground for the export of services and international cooperation in the telecom sector.

CEO of Synterra, Vitaly Slizen, said that he was surprised how far Estonia had come in the development of its information society and he could see a real opportunity for cooperation.

Elion and Synterra launched cooperation in the sphere of communication services export, which will give Estonian Internet users faster access to Russian Internet resources and the other way round. In the next phase the companies are planning to cooperate in the IP services sphere.

The Synterra Group includes Synterra, PeterStar, Synterra Ural, Synterra South, Global Teleport, Teleport SPb and several other regional telecommunication providers. The consolidated revenue of the group in 2008 was higher than 527 million dollars.