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. Last Updated: 07/27/2016

Svyazinvest Eyes Mobiles to Strengthen Position in Wireless Market

Svyazinvest plans to buy regional mobile-phone companies to strengthen its position in the wireless market, CEO Yevgeny Yurchenko said Thursday.

Svyazinvest may announce some acquisitions within three months, Yurchenko said. The company is “sticking to very aggressive plans in the mergers and acquisitions market,” he added.

(Bloomberg)