Russia’s health ministry plans to build vaccines plant in EcuadorBusiness & Economy October 23, 20:19
Cygnus cargo spacecraft docks to ISSScience & Space October 23, 19:44
Whereabouts of several residents of blast-destroyed house in Ryazan not yet establishedWorld October 23, 18:50
Zakharova: no cyberattack on Russian foreign ministry’s websiteRussian Politics & Diplomacy October 23, 18:29
Russian Minister of Energy: Russia, Saudi Arabia begin new stage of energy cooperationBusiness & Economy October 23, 17:32
Russia not ready to say whether it will cut oil production or freeze itBusiness & Economy October 23, 17:29
Experts probing into situation around cyberattack on Russian foreign ministry’s websiteRussian Politics & Diplomacy October 23, 17:05
Two bandits killed in special operation in Nizhny Novgorod - sourceWorld October 23, 15:15
S Arabian minister invites Russian counterpart to GCC oil ministers meetingBusiness & Economy October 23, 13:42
MOSCOW, September 1 (Itar-Tass) — Russia’s national telecommunications operator Rostelecom has paid 2.322 billion roubles to buy 50 percent of ordinary shares in Volgograd-GSM mobile services provider from SMARTS Group, Rostelecom’s pres service said on Thursday.
Thus, Rostelecom gained full control over the regional GSM mobile services provider.
Volgograd-GSM provides mobiles services in all 33 districts of the Volgograd region, southern Russia, which has the population of 2.6 million people.
At the end of the first quarter of 2011 the number of Volgograd-GSM mobile services’ users reached 855,000. At the end of 2010 the company’s market share reached around 20 percent.
Rostelecom President Alexander Provotorov noted that “after Rostelecom increases its stake in Volgograd-GSM to 100 percent, the company gets full control over the operator.”
“This will allow to develop mobile communication services in the Volgograd region more actively and integrate the operator with Rostelecom’s other cellular assets and will help to consolidate the financial and operating data of Volgograd-GSM in Rostelecom’s reporting,” he said.