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Rostelecom Mulls $4Bln Mobile Investment

Bloomberg

... LTE networks, for faster data transmission, in Russia's largest cities without waiting for a federal licensing round, as is MegaFon, one of the three biggest mobile operators. Rostelecom agreed last year to work with Scartel, which operates under the Yota brand and has the necessary frequencies. Talks are in progress with MegaFon and its larger competitors Mobile TeleSystems and VimpelCom about collaborating on network development, Provotorov said. "All the operators are keen to find ways to...

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