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ARTCommunications Joins Enforta

28 сентября 2006
Enforta BV and ARTCommunications jointly announce that last week Enforta acquired a 51% share in ARTCommunications Ltd.

Upon completing this investment, Enforta broadband services are now available in a total of 18 Russian regional capital cities as well as the growing Moscow Region market. Both companies will have the ability to provide services to their customers within the expanded footprint.

“Enforta’s initial strategy was to focus on Russia’s underserved regional markets, but to service our growing base of enterprise customers we needed to extend our service area to Moscow and St Petersburg earlier than originally planned”, said Lee Sparkman, President of Enforta. “Due to the absence of additional radio spectrum, the only means to enter these two cities was through acquisition. Fortunately, we found the perfect partner in ARTCommunications.”

“It is clear that scale will be critical for success in the wireless broadband business and we wanted to affiliate with a company of like mind and objective”, said Alexander Ohotnikov, co-founder and General Director of ARTCommunications. “The joining of our two companies will clearly benefit both our current and future customers”.

Enforta has experienced rapid growth this past year both building and acquiring broadband wireless operators. In May Enforta announced the acquisition of ‘Netprovodov’. This was followed by the acquisition of Sky Telecom in Rostov and Mir TV in Ufa during August. Simultaneously, the company has constructed its own operations in 12 cities. The inclusion of ARTCommunications gives Enforta the largest wireless broadband ‘footprint’ in Russia. Enforta plans to further extend services to a total of 30 cities by the mid of 2007.

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