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    Company development milestones:

1996 Incorporation of Teleset LLC, securing licences for provision of telephone services

1998 Launching of Teleset network and provision of telephone services to residents

1999 Commissioning of Switch 1А with capacity of 100,000 lines

2000 Commencement of provision of dial-up internet services

2000 Commissioning of Switch 1B with capacity of 100,000 lines

2001 Commencement of provision of xDSL services

2002 Commencement of provision of VoIP services

2003 Construction of a large fiber-optic ring throughout Kazan

2005 Construction of a single fiber-optic ring covering the whole area of Kazan

2006 Listing to AIM

2006  Additional network for the entire 7 Kazan districts

2006  Acquisition of TNPKO

2007  US$14.7m investment by Templeton Strategic Emerging Markets Fund II, the Black Sea Trade and Development Bank, Deutsche Bank ; Cable TV service launching ; US$10.8m acquisition of telecom business in Naberezhnye Chelny

2008 US$10 million raised already in 2008 in a pro-rata offer to existing shareholders


 
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