Content of the report:
- THE SHARE PRICE IS STILL UNDERESTIMATED;
- POSITIVE FINANCIAL RESULTS IN H1 2009;
- THE INDUSTRY IS NOT AFFECTED BY CRISIS CONSEQUENCES;
- TAX CLAIMS WERE INVALIDATED.
Summary of the report:
Russia’s main telecom companies have not suffered much from crisis consequences. Devaluation of Ruble currency had no significant influence on most of them as both revenues and expenses are nominated in Rubles.
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