Russia's Golden Telecom Ups Rascom stake
A UPI newsbrief, via PhysOrg.com, reports that:
Golden Telecom has gained controlling interest in Russian telecom infrastructure operator ZAO Rascom.
Golden Telecom announced Tuesday it had purchased another 5 percent of Rascom, gaining a 54-percent stake in the company, which operates infrastructure linking Moscow, St. Petersburg and the frontier area with Finland -- areas in which Golden Telecom's traffic rate is particularly heavy.
posted by Fergie @ 11/29/2005 12:11:00 PM
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