Element bought 50% of the MIPT Internet provider

Element Group acquired a 50% stake in MIPT Telecom LLC, a subsidiary of the Moscow Institute of Physics and Technology, which provides Internet provider services in Dolgoprudny, Moscow Region. With the addition of Element as a shareholder, MIPT Telecom will change its business direction and focus on designing solutions for telecom equipment manufacturers using domestic electronic component base - in particular, blocks and modules.