Svyazinvest has instructed its subsidiaries to curtail hard-currency borrowing for the foreseeable future. Svyazinvest estimates that this approach alone will make it possible to add a million new numbers annually across Russia. Russian phone companies now expect to install a million new lines all told in 1998, down from a target figure of 2.2 million. Svyazinvest, RMG estimates The information contained herewith is based on information made available to the public and is for information purposes only. Information sources are deemed reliable by RMG Securities, however RMG Securities abstains from any liabilities determined from the information herewith.
Analysis is based on dated market information and is subject to change.