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Tele2 Russia and Rostelecom complete combination of mobile assets

6 August 2014


VTB is pleased to note the completion of the transaction to integrate the mobile assets of Tele2 Russia and Rostelecom into a joint venture in line with an earlier agreement. During the second stage of the integration process, 100% of the share capital of CJSC RT-Mobile was injected into the capital of the joint venture. As a shareholder in Tele2, VTB remains confident that the new national mobile operator will continue to strengthen its market position.


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