Renova buys a corporation. EXE provider

Renova Media holding is completing the acquisition of Moscow’s second-tier provider, Korporatsiya.EHE , Kommersant reports. According to unconfirmed official data, the amount of the transaction will be $ 20 million. The client base of the Corporation. EXE includes 32 thousand subscribers, that is, $ 625 pays for each Renova subscriber. Experts note that this is the maximum price for a user of broadband access services from those paid in Russia.

Korporatsiya.EHE operates in the Eastern, South-Eastern, Southern and South-Western districts of Moscow, having a 250 km optical fiber network. In 2006, analysts estimated the company's revenue at $ 650-700 thousand per month, and annual turnover at $ 8-9 million.