Rostelecom connecting with Armenia

According to Kommersant (13 January 2012), Rostelecom plans to make its first foreign buy with the acquisition of 75 per cent minus one share in the Armenian operator GNC-Alfa for USD 22.5 million. Subsequently Rostelecom may buy the Internet provider Ucom. As a result the Russian operator will account for over 13 per cent of the broadband access market in Armenia.

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