OJSC Rostelecom Skylink. OJSC Central Telegraph OJSC Giprosvyaz

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The Board of Directors of Rostelecom at a meeting held in Moscow on May 11, 2010 adopted a decision to include in the agenda of the Annual General Shareholders Meeting the issue of the reorganization of Rostelecom as a merger with seven regional telecommunications operators: Central Telecommunications Company, Sibirtelecom, Far East Telecom, VolgaTelecom, North-West Telecom, Uralsvyazinform and Southern Telecommunications Company, as well as Dagsvyazinform

On May 12, 2010 VolgaTelecom held a meeting of its Board of Directors. The agenda of the meeting contained issues related to the preparation and conduct of the annual general shareholders meeting (AGM) of VolgaTelecom

A board of directors meeting of Uralsvyazinform was held today at which issues were examined relating to the conduct of the annual general shareholders meeting which is scheduled for June 23, 2010 in Yekaterinburg. Members of the board of directors unanimously voted to include in the agenda the reorganization of Uralsvayzinform with Rostelecom. Shareholders recommended approving the Merger Agreement and the Act of Assignment

On May 11, 2010 the board of directors of NWT adopted a decision to include in the agenda of the upcoming annual general shareholders meeting scheduled for the June 19 the issue of the merger of NWT with Rostelecom

Rostelecom hereby announces its financial (non-audited) results financial results for the first quarter of 2010, which were drafted in accordance with Russian Accounting Standards (RAS)

The largest telecommunications company in the Volga Federal District Volga Telecom hereby announces its financial results for the first quarter of 2010 in accordance with Russian Accounting Standards (RAS)

The board of directors of Dagsvyazinform voted unanimously at its April 30, 2010 meeting to include on the agenda of its annual general shareholders meeting the issue of a merger between Dagsvyazinform and Rostelecom

On April 28 and 29 a meeting took place involving the technical directors of the RTOs controlled by the Svyazinvest Group of companies overseen by the holding’s technical director Vladimir Bondarik

The board of directors of Rostelecom adopted the decision to include in the list of candidates for the company’s board of directors for election at the Extraordinary General Shareholders’ Meeting

On April 3 0, 2010 North-West Telecom released its financial results for the first quarter of 2010, drafted to Russian Accounting Standards (RAS)

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