OREANDA-NEWS. Sistema Telecom informs that it is selling Intellect Telecom Research Enterprise (NTP) and that it is creating Intellect Telecom, a new fully owned subsidiary.

In order to optimize and increase the efficiency of R&D it was decided to transfer Intellect Telecom Research Enterprise, Sistema Telecom's fully owned subsidiary, to Quasar-Micro, a Sitronics subsidiary. The company was sold for RUR 100 thousand, which is the amount of its authorized capital.
 
Intellect Telecom Research Enterprise specializes in innovational projects under state contracts, such as the project of the Russian Comprehensive Emergency Broadcast System (Rus: OKSION) for the Ministry of Emergencies of Russia.

In turn, Quasar-Micro supplies equipment (gauges, screens, plasma panels, etc.) under this project that will continue through Y 2010.
 
At the same time Sistema Telecom announced having set up a new fully owned subsidiary Intellect Telecom which, in particular, will merge the R&D departments of MTS and Comstar - UTS.