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15-10-2013, 13:01
Major Russian cable deal doubt October 15, 2013 06.46 Europe/London By Chris Dziadul ER-TelecomThe acquisition of Moscow-based Akado by ER Telecom now looks unlikely to take place. According to Vedomosti, talks between the two parties have ground to a halt, with the major stumbling block appearing to be the stance being the negative stance to the proposed deal being taken by the Moscow city authorities. This will be a major blow to ER Telecom, which is the country