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Sistema taps Temasek to develop Asia biz

Sistema taps Temasek to develop Asia biz
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First Published: Mon, Nov 16 2009. 10 17 PM IST
Updated: Mon, Nov 16 2009. 10 17 PM IST
Moscow:AFK Sistema OAO, owner of Russia’s biggest mobile phone operator, is asking Temasek Holdings, Singapore’s government-owned investment company, to help it develop its Asian business.
“We would like Temasek to cooperate with us,” Sistema chairman Vladimir Evtushenkov said, adding that Sistema wants to expand its telecommunications business to Indonesia, Myanmar and Vietnam.
The company is completing a pan-Indian telecommunications network, he said.
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First Published: Mon, Nov 16 2009. 10 17 PM IST