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DLA Piper and Dentons Advise on Service-Telecom's Acquisition of Russian Telecoms Tower Company

DLA Piper and Dentons Advise on Service-Telecom's Acquisition of Russian Telecoms Tower Company

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DLA Piper has advised Service-Telecom, a participant in the telecoms tower infrastructure market in the Moscow Region, on the acquisition of a 100% stake in Link Development, a prominent telecoms tower company in Northwest Russia. Dentons advised the unidentified sellers on the deal.

According to DLA, "as the first strategic acquisition of a tower company in the Russian telecom market, this transaction is a very important step in implementing Service-Telecom's strategy to become a leader on a national scale in the Russian telecom market. The combined company will manage more than 1,000 sites (mast structures and steel poles of different heights) in the key markets of Russia. It enjoys a portfolio of diversified long-term contracts with all federal mobile network operators; the average tenancy ratio of 1.8 is one of the highest in the industry."

DLA Piper's Moscow-based team was led by Corporate Partner Steffen Kaufmann and included Senior Associates Mukhamed Evloev and Anna Sitas and Associate Tsvetan Naidenov.

Service-Telecom's in-house team was led by Chief Legal Officer Elena Kilimnik.

The Dentons team was led by Head of Corporate and M&A in St. Petersburg Artem Zhavoronkov, with support from Of Counsel Anton Poddubny and Associates Olga Krivosheykina and Viacheslav Gareev.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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