We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Teleset Net | LSE:TNW | London | Ordinary Share | CY1010051815 | ORD EUR0.02 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 53.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9989S Teleset Networks PCL 24 April 2008 Press Announcement FOR IMMEDIATE RELEASE 24 April 2008 Notification of 2007 Results Teleset Networks ("Teleset" or "the Company"), a leading private fixed-line telecom network operator in the Republic of Tatarstan, Russia, will announce financial results for the year ended 31 December 2007 on Tuesday, 6 May 2008. On 18 January 2008, Teleset announced that it continues to achieve strong, profitable growth. Since then, the Company has successfully raised £5.0 million, via the issue of 20 million new ordinary shares at a price of 25 pence each, to enable it to enter into negotiations for possible acquisitions in Russia. END CONTACTS Teleset Networks +357 22 450 790 Yiannis Demetriou Blue Oar Securities Plc - Nominated Adviser +44 20 7448 4400 Shane Gallwey / John Wilkes / Toby Gibbs Metropol (UK) Limited - Broker +44 20 7439 6880 Alexander Selegenev Bankside Consultants - Financial PR adviser +44 20 7367 8888 Simon Bloomfield, Steve Liebmann or Andy Harris About Teleset Teleset is a leading private fixed-line telecom operator in the Republic of Tatarstan, Russian Federation, where the business has been operating since 1996. In Kazan, the capital of the Republic of Tatarstan, Teleset owns an all-digital local network with current switching capacity of 130,000 lines. Its US$17 million acquisition of TNPKO in November 2006 improved its coverage of Kazan where its market share is approximately 27 per cent for voice traffic and 29 per cent for data traffic. Management's strategy is to become Tatarstan's leading telecom operator and to expand into other cities within the Russian Federation, both organically and through carefully selected acquisitions. The US$10.8 million acquisition in November 2007 of OOO Svyazinvest, the third largest fixed-line telecom operator in Naberezhnie Chelny, was the first strategic move by Teleset outside Kazan. Naberezhnie Chelny, where the Company has a market share of approximately 10 per cent, is the second largest city after Kazan in the Republic of Tatarstan. Another key objective is to generate incremental revenues from its network. To this end, in August 2007 the company launched a new cable TV service in four districts of Kazan, (Aviastroitelny, Kirovsky, Novo-Savinovsky and Privolzhsky), with a total addressable market of approximately 250,000 flats. The Company plans to roll out the service in the other three districts of Kazan. Major long-term shareholders include funds managed by Templeton Asset Management Ltd., by the Black Sea Trade and Development Bank, an international financial institution, and by Deutsche Bank. This information is provided by RNS The company news service from the London Stock Exchange END NORFGGZDLFDGRZM
1 Year Teleset Net Chart |
1 Month Teleset Net Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions