Rostelekom OAO plans to enter media business-Interfax

Thursday, 3 Apr 2014 12:51am EDT 

Rostelekom OAO:Rostelecom is preparing to actively enter the media business and is holding negotiations to acquire stakes in various television channels, the national telecommunication operator's president, Sergei Kalugin told reporters-Interfax.He said Rostelecom had wanted to buy a stake in TV channel Lifenews, a division of Aram Gabrelyanov's News Media group, which also publishes the Izvestia newspaper owned by National Media Group (NMG) and manages NMG's radio station Russkaya Sluzhba Novostei. 

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