Russian ambassador urges NATO to abandon military domination policyRussian Politics & Diplomacy March 30, 21:05
Three Russian cities interested in hosting 2023 Basketball World ChampionshipSport March 30, 21:02
White House gives no specific dates for Russian-US summitWorld March 30, 20:23
United Arab Emirates shows interest in Russian helicoptersBusiness & Economy March 30, 20:19
NATO secretary general says ceasefire in Donbass works only on paperWorld March 30, 19:47
Putin not against Russian businessman Deripaska speaking to US Congress about ManafortRussian Politics & Diplomacy March 30, 18:55
Russian space rocket center receives first tested engines for Soyuz spacecraftScience & Space March 30, 18:42
Ukrainian president orders to implement ceasefire starting from April 1World March 30, 18:41
Google agrees with basic terms of amicable agreement with Russian anti-trust regulatorBusiness & Economy March 30, 18:18
ST. PETERSBURG, May 22. /ITAR-TASS/. Russia’s Federal State Property Management Agency is preparing a list of requirements for investors to qualify for sale of a government stake in state-controlled telecom giant Rostelecom, Director Olga Dergunova told reporters Thursday on the sidelines of the St. Petersburg Economic Forum.Dergunova said: “We are following the schedule, because the privatization is set for 2014.”
“We are preparing an offer jointly with consultants and the Communications Ministry. It means a discussion with special clients, determination of technical conditions; a new investor will have to comply with these requirements,” the agency’s head said.
At present, no limitations for investors have been introduced, and a pool of participants is yet to be formed, she said. “We all understand, however, that the Moscow Exchange is the main floor for the placement,” Dergunova said.
At present, the agency owns a 46.99% common stake in Rostelecom, Mobitel - 9.38%, state-owned bank Vnesheconombank - 4.13%, and the Russian Direct Investment Fund and Deutsche Bank own each 1.35%. The company’s capitalization amounts to about 227 billion rubles.
Rostelecom is a universal communications operator. It services 26.4 million subscribers of fixed connection, 13.8 million subscribers of mobile connection, 9.6 million broadband internet access subscribers and 6.9 million pay TV subscribers. Its own long-haul network amounts to 500,000 kilometers, and over 2.6 million kilometers of local grids.