Wireless Telecommunications Services

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Mobile TeleSystems OAO increases its direct stake in MTS-Turkmenistan ES to 99pct

Monday, 19 Jan 2015 09:43am EST

Mobile TeleSystems OAO:Increased its direct stake in MTS-Turkmenistan ES to 99pct from 1pct.Decreased its indirect stake in MTS-Turkmenistan ES from 99 pct from 1 pct.Previously Mobile TeleSystems owned indirectly 99 pct of MTS-Turkmenistan through Barash Communication Technologies Inc.Following transaction Mobile TeleSystems owns indirectly 1 pct through Telekom Proekty LLC.

SMARTS OAO shareholders approve reorganization of the company - Interfax

Friday, 21 Nov 2014 05:41am EST

SMARTS OAO:SMARTS OAO shareholders have approved reorganization of the company-Interfax.SMARTS OAO will be reorganized through spin off six new subsidiaries SMARTS-Samara ZAO, SMARTS-Elista ZAO, SMARTS-Saransk ZAO, SMARTS-Saratov ZAO, SMARTS-Yoshkar-Ola ZAO and SMARTS-Ulyanovsk ZAO.

Mobile TeleSystems OAO plans reorganization

Sunday, 18 May 2014 08:00pm EDT

Mobile TeleSystems OAO:Recommends to approve the reorganization of MTS through the takeover of Elf CJSC, EFCOM CJSC, Pilot CJSC, TVKiK CJSC, ZhelGorTeleCom CJSC, Intercom CJSC, TRK TVT OJSC, Kaskad-TV CJSC, Kuznetsktelemost CJSC, Sistema Telecom CJSC, and TZ CJSC.The board decided that owners of MTS ordinary shares voting against this issue or those who abstain from voting will be eligible for share repurchase at the price of 208 Russian rubles per ordinary share.The AGM will be held on June 24.

WirelessGate to merge with subsidiary

Wednesday, 26 Mar 2014 02:00am EDT

WirelessGate Inc:To merge with a wholly owned subsidiary in Kanagawa, Japan, which has been engaged in development of radio communication service and operation of network system, on July 1.The subsidiary will be dissolved after the merger.

KDDI Corp's subsidiary to merge with sub-subsidiary

Wednesday, 26 Feb 2014 01:00am EST

KDDI Corp:Says its 50 pct-owned subsidiary Jupiter Telecommunications Co., Ltd. will merge with its wholly owned subsidiary Japan Cablenet Limited, effective April 1.Jupiter Telecommunications will be the surviving company and Japan Cablenet will be dissolved.

Reliance Communications Ltd undergoes fresh rejig to split GSM from CDMA-Economic Times

Sunday, 12 Jan 2014 05:30pm EST

Reliance Communications Ltd:Says it is undergoing a new round of restructuring, aimed at separating the mobile phone growing GSM business from the lagging CDMA operations, which could even be sold off at a later stage to pare debt-Economic Times.


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