On April 21, 2005 the Agreement for cooperation and development of information and telecommunications networks in the Pskov Region was signed at the meeting between JSC North-West Telecom Chief executive officer Vladimir Akulich and Pskov Region Governor Mikhail Kuznetsov. The Agreement will enhance the implementation of a uniform communications development policy in the Region. The document provides for developing concepts and implementing programs for the development of communications and information systems in the Pskov Region; coordinating works for the creation and development of telecommunications networks and formation of information resources; introducing new communications services based on new technologies in the construction of next generation networks; ensuring the social orientation of projects being implemented in the Pskov Region.

In the course of the meeting Vladimir Akulich assured that North-West Telecom would retain the high rates of investments in the communications sector of the Pskov Region and in 2005 would allocate RUR 197.7 million for 49 investment projects in the Pskov Region. The network modernization and installation of digital telephone exchanges will be carried out in rural communities during the year, including the expansion of the line and station capacity in Pskov, Velikiye Luki, Gdov, Nevel, Opochka etc.

The Agreement with the Pskov Region Administration was the final document signed by OJSC North-West Telecom as part of the program of meetings between the NWT management with the heads of administrations in the area of the Company’s activity. The agreements provide for the coordination of the parties’ efforts in developing the telecommunications infrastructure of the North-West Federal District and facilitate the inclusion of remotest areas in the unified information and communications space of Russia.