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 Все новости от 1 августа 2001 г.
Central Telegraph suspends participation in Sonic Duo
Central Telegraph shareholders have voted to temporarily suspend the
participation Central Telegraph's mobile arm, CT-Mobile, in Sonic Duo, one
the three Moscow-based GSM operators. CT-Mobile owns 65 percent of Sonic
Duo. According to acting general director of Central Telegraph Vaagan
Martirosyan, expenses incurred by his company in the Sonic Duo project
appeared to be higher than outlined in the initial business plan. Subsequent
to this decision, Central Telegraph signed an agreement with
Transcontinental Mobile Investments (TMI), under which CT-Mobile can renew
its participation in the project if it finds the necessary budget (a minimum
of $10.5 million) by the end of this year. Otherwise, LV-Finance, the owner
of TMI, will become a 100 percent owner of Sonic Duo.
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