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Andersen Group Featured on PBS Program Adam Smith: Russia: Threat or Promise?


Business Editors

NEW YORK--(BUSINESS WIRE)--May 2, 2001

Andersen Group, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: ANDR ANDR Anhydrite (lithological term)
ANDR Additional National Design Requirement
), a Company focused on direct investment opportunities in Internet and broadband communications in Moscow, announced today that an interview with its Chairman, Frank Baker, will be featured on the PBS PBS
 in full Public Broadcasting Service

Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural,
 program Adam Smith: Russia: Threat or Promise?

Adam Smith's ongoing series features specials focused on foreign policy and business issues around the globe. Russia: Threat or Promise? is an analysis of Russia's vulnerable economy over the past three years, and examines how it is rebuilding after the collapse of the ruble in 1998. The program will air in New York on Friday, May 11, 2001 at 9:00 p.m. on Channel 13 WNET Wnet Windows Networking
WNET Women's Network for Entrepreneurial Training
WNET Wireless Network
 and South Florida on Friday, May 25, 2001 at 10:00 p.m. on Channel 2 WPBT WPBT World Poker Blogger Tour . Please check your local listings for additional airdates throughout the country.

Andersen owns 25% of Moscow Broadband Communication, which in turn, owns 50% of ComCor-TV. ComCor-TV's aim is to connect approximately 1.5 million homes and businesses, or 44 percent of the city's households, to multichannel TV and the Internet by 2005. Owned in part by the Moscow municipality, COMCOR built and operates the Moscow Fiber Optic Network, which extends 6,000 kilometers and includes more than 200 primary nodes. To date, ComCor-TV has connected three areas in Moscow, or about 100,000 homes.

About Andersen Group

Andersen Group, Inc. is a US-based company quoted on NASDAQ (ANDR), which has a 25% ownership interest in and, voting control of, Moscow Broadband Communication LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability , a Cyprus-based limited liability company which has a 50% ownership interest in ComCor-TV. Andersen Group provides management and financial advisory services. ComCor-TV is a broadband cable operator in Moscow licensed to provide video, Internet and telephony to up to 1.5 million homes and businesses and is also currently planning a new Moscow Internet portal. Andersen Group consolidates its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, The J.M. Ney Company, a precious metals and precision parts manufacturer located in Bloomfield, CT.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 2, 2001
Words:336
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