The board of directors of megaphone approved additional investments in the development of network 3G

The board of directors of joint stock company �megaphone� examined a number of most important questions for the development of the business of company and approved additional investments for the development of the network of the third generation in the size of 8 billion rubles. The total volume of the approved investments of joint stock company �megaphone� is in 2010 at the given moment 60,5 billion rubles.

Board of directors approved the development program of company, which includes investments in the size of 8 billion rubles to the building in 2010 of the additional base stations of the third generation.

At the beginning of June of the present year the network of the third generation of megaphone included more than 7 thousand base stations and it was largest in Russia. The plan with respect to an increase in network 3G presented to board of directors is in 2010 oriented to the development of network not only in the large cities of the country, but also in rayon centers. Simultaneously with the building of base stations company is intended to develop the fiber-optic lines of communications in order to ensure the very high quality of connection for the subscribers in the entire territory of the country.
Also board of directors approved the plan of the development of subdivision �megaphone -[Riteyl]� until 2012 and examined the preliminary plan of the association �of megaphone� and the groups of companies �[Sinterra]�.