The owner of "Beeline" will sell cellular towers to Russian Federation for $970 million

Why operators decided to get rid of the towers. VEON, the parent company Public joint-stock company "Vympel-Kommunikatsii" (a brand "Beeline") declared sale parts of cellular towers to Russian Federation for $970 million (70,65 billion rubles). The new owner of an asset becomes "Service-Telecom". On sale the National tower company (NBK) belonging to VEON and operating "0" about 15,4 thousand towers of mobile communication to Russian Federation was exposed. Thus only...