Russian telco Svyazinvest aims for IPO in April 2011
www.WirelessFederation.com/news: The structural reorganization of Russia’s state-run telecoms conglomerate Svyazinvest is scheduled to be completed by April 2011. The company also hopes to hold an initial public offering (IPO) to offload around 25% of the company.
Currently, Svyazinvest is combining long-distance operator Rostelecom with its seven ‘mega-regional’ operators to create a single, national network. The seven operators include Center Telecom, North-West Telecom, Volga Telecom, South Telecom, Uralsvyazinform, Siberia Telecom (Sibirtelecom) and Far East Telecom (Dalnevostochnaya)
Azerbaijan joins Iran and Russia to improve connectivity in Caspian region
www.WirelessFederation.com/news: The largest stakeholder in Iran based Telecommunication Infrastructure Company, Iranmobin entered into a 50/50 equity joint venture with Russian C-Ring Telecom. C -Ring Telecom is a subsidiary of Russian long-distance operator Synterra while TIC is a unit of fixed line monopoly Telecommunication Company of Iran.
In order to rollout a new fibre-optic ring around the Caspian Sea to handle Europe-Asia voice, Azerbaijan’s AzTelekom forged an agreement with the new venture. The agreement also aims at improving internet service delivery in the Caspian region.
The agreement was signed at trade and economic cooperation summit held in Tehran by Russian and Iranian state and company officials. TIC also signed an agreement with Rostelecom, another Russian carrier, to share international transmission links.
