Press release
Krasnodar, November 2, 2009: Southern Telecommunications Company (UTK) [(RTS: KUBN, KUBNP; ÌICEX: UTEL, UTELP; ADR OTC: STJSY, KUE FRA)], the largest fixed-line operator in the Southern Federal District of Russia, hereby announces that the Board of Directors of UTK has approved the company’s 2010 investment priorities.
Next year the operator’s investment program will focus on expanding broadband Internet access, rolling out fixed-line telecommunications using NGN technology and raising the transmission capacity for the corporate datacom network using 10 Gigabit Ethernet technology.
UTK’s Board of Directors also noted the need to raise the proportion of equipment produced by domestic manufacturers which have passed the certification procedure.
