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• House of Assembly approves motion to set up $22M plus fund

  Created: Friday, 31 July 2009 18:43 Author: Yuron

  The House of Assembly has approved a resolution to set up a special fund for the disbursement of more than $22 million from money forfeited in the IPOC International Growth Fund Limited case.The motion, which was moved by Premier and Minister of Finance H...

• Skype singled out as threat to Russia's security

  Created: Friday, 24 July 2009 20:01 Author: Yuron

  MOSCOW (Reuters) - Russia's most powerful business lobby moved to clamp down on Skype and its peers this week, telling lawmakers that the Internet phone services are a threat to Russian businesses and to national security.In partnership with Prime Ministe...

• Russia NWT plans 3 bln rouble bond early Aug

  Created: Monday, 20 July 2009 19:12 Author: Yuron

  MOSCOW, July 20 - Russian regional fixed-line operator North-West Telecom plans to issue a 3 billion rouble bond at the beginning of August, a co-lead manager said on Monday.NWT, which saw most of its liquidity indicators worsen in 2008 due to the financi...

• Russian Government and Sistema Agree Stake Swap

  Created: Monday, 13 July 2009 18:46 Author: Yuron

  Russian service conglomerate Sistema has reached an agreement with the Russian government to sell its 25% plus one share stake in national telecom holding Svyazinvest, according to business daily Kommersant quoting a governmental source.The report said Si...

• Russia's MegaFon not eyeing Vimpelcom stake

  Created: Monday, 06 July 2009 19:43 Author: Yuron

  MOSCOW/OSLO, July 3 (Reuters) - Russian cell phone service operator MegaFon has no plans to buy shares in bigger rival Vimpelcom, a source close to MegaFon's shareholders said on Friday, denying a newspaper report.Vimpelcom, the country's second biggest m...