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Negotiations on Rostelecom’s purchase of Alisher Usmanov’s equity position in MegaFon are to resume this year, the general director of Svyazinvest Evgeny Yurchenko told journalists yesterday. He said that the negotiations had been frozen during the restructuring of Svyazinvest’s telecom assets so as not to complicate the discussion process regarding the swap ratios with minority shareholders

Svyazinvest could leave its shareholders – the state and Comstar-UTS without dividends for the second time in a row. The holding’s management has proposed once again allocating profit to finance the upcoming merger process

Svyazinvest plans to raise net profit by more than 8% this year, the general director of the holding Evgeny Yurchenko said at an expanded meeting of a panel of the Telecommunications Ministry today. "We expect the holding’s net profit to reach almost RUR 31 bln", he said. The holding’s net profit stood at RUR 28.5 bln in 2009

Svyazinvest’s RAS net profit rose 22% in 2009 compared with the year-earlier period to RUR 28.5 bln, the general director of the holding Evgeny Yurchenko said at an expanded meeting of a panel of the Telecommunications Ministry on Wednesday

Svyazinvest intends to double the installed capacity of its FTTx ports to 2.7 mln ports. This news was announced to journalists by Svyazinvest’s general director Evgeny Yurchenko

The shareholders of state-controlled telecommunications holding Svyazinvest are expected to review in June a transaction aimed at swapping a 23.3% stake in Moscow City Telephone Network (MGTS) owned by the holding, for a 50% stake in Sky Link owned by AFK Sistema, the general director of Svyazinvest Evgeny Yurchenko told Interfax

The Russian government should gain control over the merged Rostelecom, on the basis of which the assets of Svyazinvest holding are to be consolidated, while all the rest of the state’s equity holding could be privatized. This opinion was voiced by Svyazinvest CEO Evgeny Yurchenko

New-generation telecom services will become available to all Russians at an affordable price as a result of the restructuring of Svyazinvest, RF Telecommunications Minister Igor Schegolev announced today at an expanded meeting of the agency’s collegiums

Svyazinvest does not intend to pay out dividends for 2009, but to use the profit generated to finance expenses associated with the restructuring, the general director of the holding Evgeny Yurchenko told Interfax

Svyazinvest has appointed a company to manage its cellular assets, the holding’s director general Evgeny Yurchenko told Interfax

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