Russian fixed line operator TransTeleCom (TTK) is considering entering the newly-annexed Ukrainian peninsula of Crimea, but has warned that such a move is likely to cost as much as RUB1 billion (USD27.9 million) to implement. Speaking to RIA Novosti earlier this week, TTK president Artyom Kudryavtsev admitted: ‘Of course, it’s a new territory, a new market, we are interested in it. We are studying, valuing the possibility of laying a long-haul network’. If the board of directors approves the management’s proposal, the company will raise its existing RUB12 billion investment programme for 2014.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors