Foreign investment into the Russian telecommunications industry reached $3.875bn in the first nine months of 2006 as it was reported by Russian Federal Statistics Service (Rosstat). Out of the nearly four billion, $113m - is direct investment, $135m – is portfolio, and $3.627m – is other investment types.

Among foreign investors, Holland is the most active, having invested $1.607bn, Great Britain - $730m, and Luxembourg - $715m.

Source: RosBusinessConsulting

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