July 23, 2014 5:34 PM ET

Diversified Telecommunication Services

Company Overview of OAO Svyazinvest

Company Overview

As of October 1, 2013, OAO Svyazinvest was acquired by Open Joint Stock Company Long-Distance and International Telecommunications Rostelecom. OAO Svyazinvest, through its subsidiaries, provides telecommunication services in Russia and internationally. It offers local, zonal, DLD, ILD, and fixed-line telephony services; datacom, Internet, ISDN, wireless subscriber access, mobile telephony, telegraphic, and wireline radio broadcasting services; and telecom services for the purpose of cable and terrestrial broadcasting. The company was founded in 1995 and is headquartered in Moscow, Russian Federation.

55, Building 2

Plyuschikha Street

Moscow,  119121

Russia

Founded in 1995

Phone:

7 495 727 0402

Fax:

7 095 727 0475

Key Executives for OAO Svyazinvest

OAO Svyazinvest does not have any Key Executives recorded.

OAO Svyazinvest Key Developments

Rostelecom To Be Privatized Soon

The Federal State Property Management Agency of Russia will start preparing the sale of the government’s stake in Open Joint Stock Company Long-Distance and International Telecommunications Rostelecom (MICEX:RTKM), held via OAO Svyazinvest and Vnesheconombank, said Agency Director Olga Dergunova. “Between October 1 and November 1, the strategy of the company (Rostelecom) is to be considered by the board of directors. In fact, this is when we will start working on the proposed privatization,” Olga Dergunova added. Olga Dergunova reiterated that the government is ready to sell its entire stake in Rostelecom in 2014, adding that ahead of the privatization the government should finalize the structure of the sale, analyze the financial model of the deal, and find potential strategic investors.

Svyazinvest Approves Dividend for Fiscal 2012; Approves Board Changes

Svyazinvest at its AGM held on June 28, 2013, approved dividend of RUB 0.1146 per one common share for the fiscal 2012. The company's shareholders elected the new composition of the Board of Directors of the company. The following were voted to be members of the new Board of Directors: Ruben A. Aganbegyan; Mikhail M. Zadornov; Yury A. Kudimov; Sergey V. Malinov; Naum S. Marder; Ivan I. Rodionov; Vadim V. Semenov; Evgeny L. Yurev; Vadim M. Yakovlev. The following members of the Audit Committee of the company were elected: Irina V. Zelentsova; Yulia V. Krasnopolskaya; Natalia A. Logunova; Oleg A. Musienko; Vitaly Yu. Nedykhalov.

Svyazinvest, Board Meeting, Mar 29, 2013

Svyazinvest, Board Meeting, Mar 29, 2013.

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