Moscow Telco Corp., Lucent to build cable TV network

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MOSCOW -- The Moscow Telecommunications Corporation (KomKor) and Lucent Technologies, a subsidiary of AT&T, announce plans to develop Moscow's largest cable TV network in eastern Europe; KomKor has already installed 600km of fiber for the system's backbone and has plans to install an additional 600 km; the first phase of the project through the year 2000 is estimated to cost about $240 million and will be partly financed by the American Export-Import Bank.

Copyright July 1996 Crain Communications Inc.

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