Home  Issuers' Corner  Press Releases  Moscow City Telephone
CLOSE

Press Releases > Moscow City Telephone  all about the company

company search
all press releases
all Moscow City Telephone press releases

Moscow City Telephone

June 25, 2004

On Friday June 25 Moscow City Telephone Network Board of Directors elected Vladimir Lagutin, Sistema Telecom General Director, its Chairman

Sistema Telecom is an affiliate company of Sistema Financial Corporation (AFK Sistema) in charge of AFK's telecommunications assets management. Moscow City Telephone Network is a member of Sistema Telecom group.

Moscow City Telephone Network's major shareholders are AFK Sistema (46.35%), and Svyazinvest (23.33%).

The major holders of Moscow City Telephone Network voting shares as of 01.04 2004 are provided in the following schedule:

Shareholders Ownership, %
AFK Sistema 55,62%
Svyazinvest 28,00%

----------------------------------------------------

Moscow City Telephone Network is a major local wired communications network in Russia and Europe. The company's mission is to provide quality affordable telephone communication services to Moscow citizens. The company's 20 000 staff services about 4.2 million subscribers. The telephone density in Moscow corresponds to the European level with over 50 Moscow City Telephone Network's lines per 100 Moscow citizens. The network runs about 600 exchanges, and their number is growing every year. The company's payphone network currently counts with over 18 000 phones, with MGTS share in Moscow fixed communications market totaling about 80%. The company has a stable economic position and is developing dynamically. MGTS head office is located at the following address: Moscow, Petrovski blvd, 12, building 3. Website: www.mgts.ru.

For additional information please contact Moscow City Telephone Network PR Department:
Ph.: +7 (095) 950 0623, Fax: +7 (095) 950 0622
E-mail: pressa@mgts.ru

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer