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Severo-Zapadny Telekom awaits FAS decision on Polarkom acquisition


2010-06-28

The Russian telecommunications company Severo-Zapadny Telekom has applied to the Federal Antimonopoly Service (FAS) requesting permission to acquire 100% of the telecommunications company Polarkom located in Murmansk. The FAS believes that the acquisition of Polarkom will hinder competition in the local telecommunications market in the Murmansk region. As a result, the FAS has decided to extend the application time for the decision to be made.

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