BELARUS NEWS AND ANALYSIS

DATE:

23/08/2007

Velcom registers as foreign company

by Carla Moore

Mobile Digital Communications (MDC), the Belarusian GSM operator that operates under the Velcom and Privet brands, has changed its status to a 'foreign private unitary enterprise,' reports E-Belarus.org.

Initially, MDC was registered as a Belarus-Cyprus joint venture, as Cypriot operator SB Telecom owned a 49 per cent stake in the company. SB Telecom acquired the remaining stakes on 22 August 2007.

Source:

http://www.dmeurope.com/default.asp?ArticleID=26400

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