Sviazinvest unit to sell NMT networks

6 Jul 2004

According to Dow Jones Newswires Volgatelecom, one of Sviazinvest’s seven operating companies, has announced plans to sell NMT networks in five regions of Russia so that it can concentrate on its GSM rollout. The most likely buyer for the infrastructure is rumoured to be Sky Link, a company which specialises in transforming NMT networks into CDMA and is keen to rollout a countrywide network.