Another telecom operator is preparing for an IPO
Start Telecom , owned by a group of private investors, may become public by conducting an IPO. This probability was reported by its CEO Pavel Kaplunov. Now the company is transforming its organizational and legal form, transforming from Start Telecom CJSC into Start Telecom OJSC. The re-registration procedure has already begun.
Start Telecom owns a 10,000 km fiber optic network with access nodes in 230 cities. The company relies on the construction of broadband wireless radio access networks at all points of presence, and these are the immediate plans for which investments are needed. In addition, Start Telecom’s intentions mean a gradual change of customer base. With servicing large corporations and telecom operators, the company wants to move to work with small and medium-sized businesses, as well as the private sector.
The company's strategic goal is to promote the availability of modern telecom services such as broadband access, WiMAX access, IP telephony and IP TV based on NGN technologies.
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According to Kaplunov, achieving goals will require significant funds, and will attract them not only through banks. More complex financial instruments will be required - up to the IPO procedure. “The decision taken by the shareholders to change the legal form of the company is one of the steps along the way,” he said.
Start Telecom owns a 10,000 km fiber optic network with access nodes in 230 cities. The company relies on the construction of broadband wireless radio access networks at all points of presence, and these are the immediate plans for which investments are needed. In addition, Start Telecom’s intentions mean a gradual change of customer base. With servicing large corporations and telecom operators, the company wants to move to work with small and medium-sized businesses, as well as the private sector.
The company's strategic goal is to promote the availability of modern telecom services such as broadband access, WiMAX access, IP telephony and IP TV based on NGN technologies.
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According to Kaplunov, achieving goals will require significant funds, and will attract them not only through banks. More complex financial instruments will be required - up to the IPO procedure. “The decision taken by the shareholders to change the legal form of the company is one of the steps along the way,” he said.
Source: https://habr.com/ru/post/2781/
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