Agreed terms of the transaction with assets in the framework of the reform of Svyazinvest

    Yesterday , news appeared in Lente.ru that the Russian Government had finally agreed with Sistema on the terms of an asset swap transaction that would be carried out as part of the reform of Svyazinvest state holding.

    Not far from there, you can also read that everything that happens is part of a larger plan to create a state competitor to the Big Three mobile operators, and this plan is being deployed since May.

    It is important that  yesterday’s news also made a clear allusion to the intention of the state holding to act by the method of mergers and acquisitions, that is, to join Sky Link (which will now become 100%state) of one of the current mobile operators, and thereby dramatically conquer a significant percentage of the cellular market.

    Many ordinary consumers of wired Internet experience have found reason to be extremely dissatisfied with the activities of Svyazinvest interregional companies, three of which even occupy the top three lines of the Russian anti-rating following user feedback . It is scary to think about what will happen now in the field of providing wireless (cellular) communication services, if they slip at least to the level of wired.

    Also popular now: