Asia Telecom Ltd.(fka ATLJ)

[johncee]

Wow Golden Telecom is huge.

http://www.goldentelecom.com/

26.01.2007
Golden Telecom signs $275 million syndicated loan facility to continue its broadband rollout and regional expansion and finance acquisitions of Corbina and Fortland

Moscow, Russia (January 26, 2007). Golden Telecom, Inc. (“Golden Telecom” or the “Company”) (NASDAQ: “GLDN”), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”), today announces that it has signed a $275 million five year syndicated loan facility with a consortium of international lenders.

Fifteen banks and financial institutions will participate in the syndication with Citibank N.A., London Branch and ING Bank N.V. acting as mandated lead arrangers. The issue was heavily oversubscribed, allowing the Company to increase the loan facility to $275 million from $200 million, as initially anticipated. The loan provides for an eighteen month commitment for utilization with quarterly repayments beginning twenty-four months after signing. The loan carriers interest at the London Inter-Bank Offered Rate (“LIBOR”) plus 1.5% per annum for the first twenty-four months and LIBOR plus 2% per annum thereafter.

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24.01.2007
Golden Telecom Launches Long Distance Services in Russia One Month after Obtaining its Access Codes. Rates from 10% to 65% Lower than Rostelecom’s

MOSCOW, Russia (January 24, 2007). Golden Telecom, Inc. (“Golden Telecom” or the “Company”) (NASDAQ: “GLDN”), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”), today announced that it will provide domestic long distance and international long distance services throughout Russia starting January 29, 2007, one month after the Company received its access codes.

On December 15, 2006, the Russian Ministry of Information Technologies and Communications issued access codes to Golden Telecom according to Resolution No.171 which was registered by the Ministry of Justice of the Russian Federation on December 28, 2006.

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24.01.2007
Golden Telecom Launches Commercial Operation of the Largest WiFi Network in Europe

MOSCOW, Russia (December 20, 2006) — Golden Telecom, Inc. (“Golden Telecom” or the “Company”) (NASDAQ: “GLDN”), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”), announced today that it has executed a binding Term Sheet with Dawn Key Limited, a company which owns 71.11% of shares of Inure Enterprises Ltd., Cyprus (“Inure”). Inure is jointly controlled by Mr. Alexander Mamut and Renova Capital and owns 99% of shares of ZAO Cortec. Under the Term Sheet, Golden Telecom will receive 51% ownership in ZAO Cortec together with its wholly-owned subsidiaries ZAO Investelektrosvyaz, ZAO Kabelstroy and other subsidiaries (jointly doing business as the Corbina Telecom Group) (“Corbina”) in exchange for an issue of 8% of Golden Telecom’s shares calculated on a post-acquisition basis and $10.0 million in cash. The transaction is subject to approval by the appropriate regulatory bodies in the United States and Russia, and execution and consummation of an ownership interest purchase agreement.

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19.01.2007
Golden Telecom Continues Consolidation of Regional Telecommunications Assets

Moscow, Russia (January 19, 2007). Golden Telecom, Inc. (“Golden Telecom” or the “Company”) (NASDAQ: “GLDN”), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”), today announces that following its regional expansion strategy it has purchased the telecommunications assets and acquired two alternative operators in Yekaterinburg, Nizhny Novgorod, the fourth and the fifth largest cities in Russia, and Cheboksary, with a combined population of 3.0 million. The total purchase price consideration amounted to approximately $1.2 million.

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