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Svyazinvest

April 28, 2004

North WestTelecom takes part in road show

North West Telecom took part in a road show organized by Svyazinvest together with investment bank United Financial Group (UFG). A number of presentations were held in Londonon April 20-21. Other companies that participated besides North West Telecom were Center Telecom, Far East Telecom, Uralsvyazinform, Siberia Telecom and Rostelecom.   

 

The aim of the road show was to host a series of meetings between the managements of super-regional telecom companies and foreign investors. The show was timed to coincide with the Russian economic forum in London, which made it possible to broaden the circle of the participants considerably. 

 

North West Telecom’s Director General Sergey Kusnetsov conducted a number of mini-conferences, as well as individual and group meetings with portfolio managers and analysts of foreign investment funds and banks: Fidelity Investments, SofaerCapital, Merill Lynch, HSBC, Barings and others. 

 

During the negotiations, Sergey Kuznetsov described the current state of North West Telecom – its financial and economic, technical, investment strategy, as well as the prospects for development and reorganization. The meetings showed that North West Telecom attracts the interest of branch investors, as well as funds that invest in emerging markets. Investors appreciated the company’s strategy aimed at upgrading network infrastructure and cost-cutting.  

 

North West Telecom has a great amount of positive experience with the investment community and is conducting a centralized policy of creating favorable investment conditions. The company is always ready for an open dialog and mutually beneficial professional cooperation.

 

 

 

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