Finland's Sonera Secures GSM License for Moscow Region

Published: 22 May 2000 y., Monday
Sonic Duo's strategic partner is Central Telegraph, a source at the communications ministry said. The ministry licensing commission's investment terms for granting the third GSM license in Moscow region envision that the Finnish company will invest up to $300 million in the development of the region's telecoms infrastructure over the next 18 months to two years. Part of this money is to be used to set up production of mobile phones in Russia, and the government will receive several tens of millions of dollars for social programs, the ministry official said. The license was granted for a period of ten years. The GSM 900/1800 network is to go into operation on June 1, 2001.
Šaltinis: Internet
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

search.lt news

search.lt presents newest links more »

The Ransom Letter

Authorize.Net Battles Extortion Attempts more »

Sun Strikes Grid Computing Pact with Bank

One week after touting its grid computing and other technologies on Wall Street for financial services customers, Sun Microsystems agreed to provide a Paris-based bank with more than 100 servers to power its transactions more »

PalmSource unveils smartphone operating system

Palm Cobalt OS to ship with new devices next year more »

Highlighting New Projects

Microsoft Scientists Offer Glimpse of the Future at European Innovation Fair more »

EU chief seen as keen to push Oracle merger through

European Commission wants to reach a decision on hostile bid before the end of October more »

IT security culture must start from the top

Global survey warns senior execs against 'delegating' security awareness more »

Sasser author gets IT security job

Sven Jaschan, self-confessed creator of the destructive NetSky and Sasser worms, has been hired by German security company Securepoint more »

search.lt news

search.lt presents newest links more »

IBM embraces grid converts

IBM has signed on five corporate customers and the Environmental Protection Agency to its ongoing grid computing initiative more »