Telecoms Thrive on Mergers and Mobile Data

16th February 2011, Comments 0 comments

Billionaire George Soros once called his 1.8 billion purchase of 25 percent of Svyazinvest, Russia's largest telecommunications holding, "the worst investment of his life," having sold the stake for 625 million in 2004 to Lev Blavatnik's Access Industries.

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