1 Apr 2010 10:52

Svyazinvest chief ups stake in VolgaTelecom

MOSCOW. April 1 (Interfax) - Yevgeny Yurchenko, the general director of Svyazinvest, has increased his stake in VolgaTelecom , one of the national fixed line holding's regional incumbents, to 2.67% from 2.57%.

VolgaTelecom said Yurchenko now owned 2.668669% ordinary shares and 3.390593% issued shares in the company. He previously owned 2.572154% ordinary shares and 1.929153% issued shares.

Yurchenko bought 4.34% ordinary shares and 3.483% issued shares in another Svyazinvest subsidiary, Southern Telecom , in March. He has also emerged as a shareholder in CenterTelecom , increasing his stake in that provider to 5.82501% from 1.57931% issued shares and to 7.41765% from 1.33079% ordinary shares. VolgaTelecom said a little earlier that Yurchenko had increased his stake there to 1.929153% from 1.463624% issued shares and to 2.572154% from 1.951461% ordinary shares.