OREANDA-NEWS. January 18, 2010. Bank of Moscow has won the tender for the right to extend to OAO Sibirtelekom credit in the amount of 500 million roubles for a period of 3 years. It is planned to allocate the funds for financing the company’s current operations.

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OAO Sibirtelekom (www.sibirtelecom.ru) is the biggest telecoms operator in the Siberian Federal Area and belongs to the state-owned holding company Svyazinvest. The company renders services of land-line and mobile communications, Internet access, data transmission and so on and its accounts for 41% of the total volume of telecommunications market in Siberia.