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UPDATE 2-Russia's Megafon confident spending on mobiles will not run dry as economy slows

October 30, 2014

MOSCOW, Oct 30- Russia's second-biggest mobile phone operator Megafon said on Thursday it is confident that consumers will not cut spending on telecoms services despite the economic downturn because it accounts for a tiny portion of their expenses. "Already today the dollar costs more than 43 roubles-- that cannot fail to drive our expenses," Ivan Tavrin,...

Source: http://www.cnbc.com/id/102136734
 
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