OJSC Rostelecom OJSC North Western Telecom OJSC CenterTelecom OJSC Southern Telecom Company OJSC VolgaTelecom OJSC Uralsvyazinform OJSC SibirTelecom OJSC Dalsvyaz OJSC Central Telegraph OJSC Giprosvyaz

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Svyazinvest has issued an official statement concerning the status of information on the ratios of shares in regional telecom operators (RTOs) which are to be swapped for shares in Rostelecom

The Board of Directors of Svyazinvest adopted a decision to hold an extraordinary shareholders meeting, but did not say when the meeting would be held. According to the holding’s press service, the agenda of the EGM will include the issue of remuneration to be paid to members of the board of directors. Earlier, no remuneration was paid to board members

Svyazinvest managed to achieve growth in 2009 despite the global financial crisis. The board of directors said that the telecommunications Group posted positive results, ITAR-TASS reported today

North-West Telecom expects to generate full-year 2009 RAS profit equal to RUR 3.477 bln, the company said in a statement

Sibirtelecom intends to allocate RUR 900 mln in 2010 in order to build and expand IMT-MC-450 cellular communication networks, the director general of the company Ivan Dadykin told journalists on Thursday

The shareholders of Sibirtelecom are to review in June 2010 the issue of establishing a regional cellular telephony branch, the operator’s general director Ivan Dadykin said on Tuesday

The restructuring of main state telecommunications holding Svyazinvest got under way one year ago with its assets to be merged on the basis of Rostelecom. In an interview with Kommersant, the Director General of Svyazinvest Evgeny Yurchenko talks about progress in the reorganization, a possible alliance with Big-3 cellular operators and the decision to roll out LTE telecom services. He also addresses accusations concerning the misuse of insider information – all managers will be required to disclose information on their transactions involving Svyazinvest’s subsidiaries in real-time mode

The director general of Svyazinvest Evgeny Yurchenko has decided to set up a venture fund. The fund’s charter capital consists of RUR 1 bln, with contributions to be made in cash and partly in shares of Svyazinvest’s regional telecommunications companies owned by the top manager

The discount for converting the preferred shares of regional telecom operators (RTOs) into the common shares of Rostelecom could be as much as 15-25%, according to the Director General of Svyazinvest holding Evgeny Yurchenko

Svyazinvest is prepared to establish broadband Internet networks using 4G cutting edge LTE technology in 39 regions across Russia, Vedomosti reported citing sources at the company

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