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Business news, 13.05.2002 14:50

A New Owner of JSC Delta Telecom

RTK-Leasing, acting through its 100% daughter company RostelecomLeasing AG (Switzerland), purchased 95% of telecommunications holding RTDC Holdings Inc (USA) stock. The transaction was made on April 30 . The transaction value is comfidentional.

RTDC owns large blocks of shares in a number of Russian communication companies working in different standards: “Delta Telelecom”, “Vesteltelecom”, “NSS”, “MSS”, “Dontelecom”, “Yeniseytelecom”, “Baykaltelecom”, “Uralvesttelecom”, “AKOS” and “Sayantelecom”. The financial adviser of the transaction was “Gamma Group” investment bank. The bank managing director Timur Husainov has been assigned a new RTDC chairman of the board of directors.

News source: Business Petersburg

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