VTB extends USD5bn credit line to Tele2 Russia

19 Jun 2014

Tele2 Russia has been granted a USD5 billion credit line by its controlling shareholder, Russian banking group VTB, business daily Vedomosti reports. The bulk of the funding will be used to extend the cellco’s network to Moscow, with construction set to begin later this year.

Russia, Tele2 Russia, VTB Mobile