According to Vedomosti, Rostelecom has signed a memorandum of intent to buy Norilsk Telecom, which is based in the city of Norilsk, in the Krasnoyarsk Krai, from Russian investment bank CIT Finance. Although the projected deal has yet to be confirmed by either party, the report has been endorsed by unidentified consultants close to each firm
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OVETEL Rostelecom linked with deal to acquire Norilsk Telecom
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