Far East | Finance, business

Dalsvyaz’s $14m dividends approved

11 Jun '09
Shareholders of Vladivostok-based telecom Dalsvyaz’s have approved $14m in dividend payout on 2008 profit, the firm said today.

As the company also reports, $42m out of Dalsvyaz’s $56m net profit in investment in the company’s development has also been approved.

Dalsvyaz is the largest landline communications provider in Russia’s Far East. The company also provides mobile, broadband and interactive TV services. State-run telecom holding Svyazinvest reportedly owns 38.1% of Dalsvyaz.
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Locations: Vladivostok

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