ROSTELECOM PLANS ACQUISITIONS OUTSIDE RUSSIA, KOMMERSANT REPORTS JANUARY 13, 2012, 1:58 AM EST
By Ilya Khrennikov
Bloomberg / Business Week
Jan 13 2012
Jan. 13 (Bloomberg) — OAO Rostelecom plans to buy stakes in network
service and Internet providers in Armenia in the state-controlled
telecommunications company~Rs first acquisitions outside Russia,
Kommersant said, citing people it didn~Rt name.
Rostelecom plans to spend $22.5 million to buy 75 percent of GNC-Alfa,
the owner of 1,500 kilometers (930 miles) of fiber- optic network in
Armenia and is looking at internet provider Ucom in the former Soviet
republic, Kommersant said. The acquisitions would give Rostelecom 13
percent of Armenia~Rs broadband Internet market, the newspaper said.
From: Baghdasarian
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