Source Pravda.Ru

MGTS expects $300m in revenues from IPO

Moscow City Telephone Network (MGTS) is planning to raise about $200m to $300m in revenues from its IPO, MGTS General Director Mikhail Smirnov declared. According to him, the concrete date of making the company's IPO is not known, however, it might be in November 2004. As reported earlier, Svyazinvest, one of the MGTS shareholders (23.3 percent), is against holding an IPO. Smirnov noted that corresponding consultations with Svyazinvest were made about this problem.

The company will enter the international financial market within a year after shareholders adopt a decision to make an IPO, Smirnov added.

© &to=http://www.rbcnews.com' target=_blank>RBC

The Trump administration is looking for a replacement for the American military contingent in the north of Syria. If the United States agrees with Saudi Arabia, the situation in the south of the country will become a lot more intense as Iran and Israel stand on the brink of war

Iran strongly determined to fight for Golan Heights

These armchair generals who come on talk shows or give their opinions as to the capabilities of various military weapons systems are doing no more than inflating their own self image and generating circulation for the news agencies

Will Americans sacrifice one of their warships to start a major war?
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