UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):		June 28, 2007

Golden Telecom, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)


Delaware	000-27423	51-0391303
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

Rep. Office Golden TeleServices, Inc., 1 Kozhevnichesky Proezd, Moscow, Russia,		115114
_________________________________ (Address of principal executive offices)		___________ (Zip Code)


Registrant’s telephone number, including area code:		(011-7-501) 797-9300

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 Other Events.

On June 28, 2007 the Board of Directors of Golden Telecom, Inc. (the "Company") authorized a stock repurchase program pursuant to which the Company is authorized, until June 28, 2008, to purchase up to one million shares of the Company's common stock in the open market or in privately negotiated transactions from time to time. A copy of the press release announcing the stock repurchase program is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

99.1 Press Release issued by Golden Telecom, Inc. announcing, among other things, the stock repurchase program.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	Golden Telecom, Inc.

July 3, 2007	By:	/s/ Boris Svetlichny

		Name: Boris Svetlichny
		Title: Senior Vice-President, Chief Financial Officer and Treasurer

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Exhibit Index


Exhibit No.		Description

99.1		Press Release issued by Golden Telecom, Inc. announcing, among other things, the stock repurchase program.

GOLDEN TELECOM INC 8-K