Friday, April 20, 2007

UPDATE 1-Russia's leading telecoms firms win 3G licences

(Reuters) - MOSCOW, April 20 - Russia's three leading telecoms firms MTS , Vimpelcom and Megafon pledged on Friday to invest between $300 million and $1 billion each in new generation mobile services after all three won 3G licences.

MTS, Russia's largest telecoms company, said it would invest $1 billion in the next three years to build around 3,000 new stations.


Read more at Reuters.com Government Filings News

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