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Articles & publicationsSvyazinvest telecommunications holding is expected by the end of the year to assign a 100% stake in CDMA operator Sky Link to Rostelecom. The holding will receive this equity stake as part of an asset exchange between the state and AFK Sistema, RIA Novosti learned on Wednesday from the general director of Svyazinvest, Evgeny Yurchenko The reorganization of Svyazinvest should lead to significant growth in capitalization and the credit ratings of the merged company, and the new Rostelecom should become a real blue chip, the general director of Svyazinvest Evgeny Yurchenko said in an interview with the corporate publication The reorganization of Svyazinvest should lead to significant growth in capitalization and the credit ratings of the merged company, and the new Rostelecom should become a real blue chip, the general director of Svyazinvest Evgeny Yurchenko said in an interview with the corporate publication To date, the mobile assets controlled by Svyazinvest are disparate, the company has insufficient coverage, and the holding is unable to provide large-scale cellular services throughout the country, the general director of Svyazinvest Evgeny Yurchenko said in an interview with the company’s corporate publication The shareholders of Central Telegraph passed a resolution at its annual shareholders meeting on Friday to pay out 2009 dividends equal to RUR 0.166631 per common share and 0.333262 on preferred shares, the company reported to Interfax in a statement
28.05.2010
Svyazinvest has taken the first step during the new management in closing a large transaction. The holding, which does not have a footprint on the fixed-line market of Tatarstan, has signed an agreement to acquire 100% of the region’s largest alternative telecom operator, Teleset Networks, for $133.5 mln
Svyazinvest heads for Tatarstan
28.05.2010
Svyazinvest holding, which has a 3% share of the Russian paid television network, is looking to conquer 17% of this market by 2015. The company has set its sights on rolling out cable TV and IP-television services, and also intends to enter a new area – the satellite TV segment, where it expects to command a 25% share
Svyazinvest targets TV The asset swap transaction between AFK Sistema and Svyazinvest will not be entirely in non-cash form, as assumed initially. Sistema will pay Svyazinvest about RUR 450 mln to offset the difference in the value of assets which are slated for the swap State holding Svyazinvest has decided to adjust its mobile business strategy, abandoning its plans to form a fourth federal GSM operator and intends to focus on becoming a universal datacom operator. "We would like to be a universal operator", first deputy general director of Svyazinvest Alexander Provotorov announced at the conference "Telecom 2010" held on Thursday The Board of Directors of Svyazinvest approved at a meeting held on Thursday the agenda of its annual general shareholders meeting, a source acquainted with the board’s decision told Interfax |