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Russian Funds Sell Telephone.ru to MTS

Files under: News
Posted by: Quintura @ 03:12 [11. 02. 09]

Back in December 2006, when the investment group Russian Funds agreed to invest $20 million for a 50 percent stake in Telephone.ru (Телефон.Ру), the consumer retail market was booming in Russia. Less than two years later the market outlook was not that bright anymore due to a credit crunch. In September 2008, the Russian mobile [...]