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Vimpelcom buys 60% stake in Tajik operator

MOSCOW, December 29 (RIA Novosti) - Major Russian cellular operator Vimpelcom announced the purchase of a 60% stake in Tajik operator Tacom for $12 million, the company's press service said Thursday.

Tacom is licensed to provide cellular communication services in Tajikistan in the GSM-900/1800, UMTS, CDMA-450, and AMPS standards.

As a result of the deal, Vimpelcom became a party to the shareholding agreement, giving it the primary right to buy out remaining shares and increase its stake to 100%.

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