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Baikalwestcom secures credit line

Connectivity BusinessbyConnectivity Business
May 2, 2011
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Russian regional mobile operator Baikalwestcom has signed a Rbs500m (US$18.3m) credit line with Societe Generale Vostok Bank, according to media reports.
The proceeds of the credit line, which is open for three years, will reportedly be used for working…

Russian regional mobile operator Baikalwestcom has signed a Rbs500m (US$18.3m) credit line with Societe Generale Vostok Bank, according to media reports.

The proceeds of the credit line, which is open for three years, will reportedly be used for working capital.

BaikalWestCom has 2.2 million mobile subscribers in the Irkutsk region.

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