A tale of two cities: Service-Telecom acquires Link Development
Moscow-based Service-Telecom gains both footprint and expertise with the acquisition of St Petersburg’s Link Development
Service-Telecom’s announcement of their acquisition of Link Development sees Russia’s number three and four towercos consolidate to offer sites in both of Russia’s major cities. As well as increasing their geographical footprint, the deal has also broadened the scope of Service-Telecom’s infrastructure expertise, with their own agile small cell and light pole experience being supplemented with Link Development’s background in macro towers and great tenancy ratios. TowerXchange caught up with Nikolai Berdin, CEO of Service-Telecom, to find out more about how the deal took place and their plans for the future.
TowerXchange: Congratulations on the acquisition of Link Development! Can you tell us about the acquisition and your motivations for the deal?
Nikolai Berdin, CEO, Service-Telecom:
The tower market in Russia is growing and we’re on top of that market, the third independent big player by most accounts.