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Articles & publicationsSvyazinvest holding intends to phase in Oracle ERP system and use Peterservice billing for its assets which are to be pooled in ZAO Mobitel. As ComNews learned, the tenders for installation of the ERP system was won by integrators – Nvision and IT Consulting, which are to complete a draft of the project by the first quarter of 2011
22.04.2010
Svyazinvest intends to insure the liability of its management for $50 mln, and each member of the holding’s 9-man board of directors for $10 mln, according to materials for the holding’s board of directors meeting
Svyazinvest lifts insurance System integrator Envision Group intends within two months to close a transaction involving the sale of about 25% of its stake in long-distance operator Rostelecom
15.04.2010
By the end of June 2010 Svyazinvest plans to launch its options program, the holding’s director general Evgeny Yurchenko told Vedomosti. In early 2010 the board of directors of Svyazinvest recommended that management work out such a program
Million-dollar options
14.04.2010
Rostelecom has begun preparations to buy out a 25% + 1 share stake in parent company Svyazinvest from Comstar-UTS. To this end, the company intends to issue bonds worth RUR 30 bln
Rostelecom shooting for 7% The Telecommunications Ministry of the Russian Federation has placed its stamp of approval on a draft resolution of the government of the Russian Federation on the privatization of a 28% stake in Moscow City Telephone Network (MGTS) The Telecommunications Ministry of the Russian Federation has no objections about changing the structure of the asset swap between AFK Sistema and Svyazinvest and assigning the blocking stake in the holding to its subsidiary Rostelecom, instead of Foreign Economic Trade Bank (VEB), as was originally planned Rostelecom plans in the summer of 2010 to set up a branch for the purpose of managing the cellular assets of the merged company, which will be established during the process of the reorganization of Svyazinvest holding Rostelecom believes it is advisable to roll out a broadband wireless network using LTE (4G) technology. This news was announced to journalists today by the general director of Rostelecom, Anton Kolpakov
09.04.2010
Moscow-based telecommunications operator Central Telegraph (CT, Qwerty trade mark, which is controlled by Svyazinvest), raised its FY09 RAS net profit by 25.5% compared to the year-earlier period, up to RUR 185 mln
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