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Revenue amounted to RUR 10.6 bln in the first quarter of 2010, while more than half of revenue was derived from unregulated telecommunications services.Thanks to strict cost control the Company managed to raise its financial efficiency compared to its results in 2009.

The unaudited consolidated interim financial statement includes the assets, liabilities and results of the financial activities of Sibirtelecom and its subsidiaries (hereinafter, the Company). The main activity of subsidiaries is mobile and radio (cellular) services and other telecommunications services.

The shareholders of all seven regional telecommunications operators and Rostelecom have voted for the reorganization in the form of a merger between RTOs and Rostelecom. The last of Svyazinvest’s subsidiaries whose shareholders gave their approval to this decision was Far East Telecom.

The shareholders of Far East Telecom passed a resolution on reorganization through a merger of the Company with Rostelecom.

Rostelecom today announced the results of its Annual General Shareholders Meeting (AGM) held on June 26, 2010. At the AGM, shareholders voted to approve the following agenda items

The company’s shareholders passed a resolution on the reorganization of the Company in the form of a merger with Rostelecom. The annual general shareholders meeting of CenterTelecom marks another important stage in the reorganization of the Svyazinvest Group of companies. This is one of a number of annual general shareholders meeting held by regional telecommunications operators (RTOs) and Rostelecom, with the main item on the agenda being the merger between RTOs and Rostelecom.

North-West Telecom has reported its first quarter 2010 financial results in accordance with international financial reporting standards (IFRS). The company’s interim consolidated financial statement is not audited

Rostelecom hereby announces its unaudited consolidated financial results for the first quarter of 2010 in accordance with International Financial Reporting Standards (IFRS)

Southern Telecommunications Company hereby announces that the annual general shareholders meeting of UTK was held in the company’s headquarters in the city of Krasnodar

Institutional Shareholder Services (ISS) released its recommendations on voting at the Annual General Shareholders Meeting (AGM) of Rostelecom which is scheduled to be held on June 26, 2010. ISS has advised the shareholders of Rostelecom to support its reorganization as a merger with regional telecommunications operators (RTOs) and Dagsvyazinform by voting in favor of item 7 on the AGM agenda

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