We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mobile Tornado Group Plc | LSE:MBT | London | Ordinary Share | GB00B01RQV23 | ORD 2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.40 | 1.30 | 1.50 | 1.40 | 1.40 | 1.40 | 1,225 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investors, Nec | 2.27M | -992k | -0.0023 | -6.09 | 6.15M |
From Jan 2020 to Jan 2025
The Russian government wants to form a fourth national mobile telecoms operator by combining the different regional cellular operators that it controls, the country's communications minister said Tuesday.
The government is working on plans to restructure the country's state telecommunications holding, OAO Svyazinvest.
"The practical goal for Svyazinvest is to become one of the top four (mobile) operators on the market," Communications Minister Igor Shchegolev told businessmen in a speech on Tuesday.
Svyazinvest controls seven publicly-traded companies which operate the fixed-line infastructure in each of Russia's regions. These companies also run more profitable mobile networks and the government wants to strengthen these businesses, which serve around a tenth of Russia's mobile subscribers but are managed separately.
"The mobile sector is the biggest on the Russian market...and Svyazinvest is particularly weak in the sector," said Shchegolev.
The minister added that the merged mobile businesses of Svyazinvest could then be combined with one of Russia's three existing national operators OAO Mobile TeleSystems (MBT), OAO Vimpel Communications (VIP) or OAO Megafon.
But the minister said that Svyazinvest's executives were responsible for any discussions with the operators, and said he didn't know if they were interested in the idea.
Ministry Web site: www.minsvyaz.ru
-By Will Bland, Dow Jones Newswires; +7 495 937 8445; william.bland@dowjones.com
1 Year Mobile Tornado Chart |
1 Month Mobile Tornado 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
Hot Features
Premium
