JSC COMSTAR - United TeleSystems (OAO COMSTAR-UTS) trudged through the restructuring process of the regional assets of eight companies providing cable TV in several regions of Russia. All companies were acquired from JIR Broadcast Inc., 100% subsidiary of Comstar UTS.

JIR Broadcast Inc. included in Comstar-OTS in the Group STREAM-TV, the acquisition transaction which was completed in late 2008, therefore, at present, there is an internal transaction, which resulted in eight subsidiaries JIR Broadcast Inc. now owned directly by Comstar. The deal - part of the second phase of the restructuring of the regional assets, which is being optimized possessory structure of the Comstar, said in a press release of the company.

The ultimate goal of restructuring - the integration of all regional assets in the JSC COMSTAR-Regions, a single center of regional consolidation of the Comstar-OTS.

In August 2009, Comstar completed the first stage of reorganization of regional businesses through the merger of seven major subsidiaries based on the established center of the consolidation of regional assets of the Group - JSC COMSTAR-Regions, a 100% subsidiary of OAO Comstar . JSC COMSTAR-Regions was formed by the merger of the seven largest of the 100% subsidiary of JSC COMSTAR-OTS.

anticipated that by the JSC COMSTAR-Regions will be gradually joined other regional subsidiaries Comstar and of the STREAM-TV.
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