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Articles tagged with: Sistema and Svyazinvest
Russian Government May Buy Svyazinvest Stake
Russia's telecoms market faces a shake-up after further details emerged that could result in conglomerate, sistema swapping a quarter of landline firm, Svyazinvest and half of CDMA operator, SkyLink for a 23% stake in Moscow landline operator, Moscow City Telephone Company (MGTS) along with the cancellation of debts of around US$826 million owed to Sberbank. more
Related Tags: mts, vimpelcom, megafon, comstar, Russia
Svyazinvest Planning to Merge Russian Mobile Networks
Russia's Communications and Press Minister Igor Shchyogolev has confirmed that Svyazinvest is planning to merge its separate mobile network operator subsidiaries into a single company. The move is expected to make it easier for the state-controlled company to compete with the three main private networks who dominate the market. more
Related Tags: mts, vimpelcom, megafon, comstar
Svyazinvest says does not consider units bidding for 3G
MOSCOW, Dec 25 (Prime-Tass) -- Russian national telecom holding Svyazinvest is not considering at the moment its subsidiaries? bidding in the recently announced tenders for licenses to provide third generation (3G) mobile telecommunication services, Svyazinvest spokesman Oleg Mikhailov told Prime-Tass Monday. more
Related Tags: megafon, mts, vimpelcom
FOCUS: Russia's Sistema under attack ahead of Svyazinvest auction
MOSCOW, Oct 14 (Prime-Tass) -- As the auction for Russia's Svyazinvest holding draws nearer, the key bidder for the asset has come under attack by the latest weapon of choice - the Russian court system. more
Related Tags: moscow
Deutsche Telekom Set To Raise $1.4B From MTS Sale
BERLIN (Dow Jones)--Deutsche Telekom AG (DT) is set to raise $1.4 billion from the sale a chunk of Russian wireless operator Mobile TeleSystems (MBT), money it can well use as it resumes dividends, buys out minorities in its Internet business and expands in the U.S. more
Related Tags: t-mobile-usa, ipo, mobile-telesystems