Monday, January 16, 2012

Russian group Rostelecom eying GNC-Alfa acquisition

Russian telecoms group Rostelecom reportedly plans to enter Armenia's broadband market by purchasing a stake of 75%-minus-one-share in alternative long-distance operator GNC-Alfa, the Kommersant business daily reported Friday. According to the paper, which cited a source close to Rostelecom, the Russians are willing to pay USD22.5 million for the asset. ‘Internet traffic which transits through Iranian networks to Europe is a very promising trend.


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OVETEL Russian group Rostelecom eying GNC-Alfa acquisition

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