Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
Kyrgyz president sees revival of relations with Russia as major result of his tenureWorld June 23, 20:49
Ex-premier says initiative to impeach Poroshenko stems from Ukraine’s economy collapseWorld June 23, 20:20
This week in photos: Confederations Cup opening and summer solstice celebrationsSociety & Culture June 23, 19:11
Turkish ambassador to Russia: Moscow and Ankara to join efforts in war on terrorWorld June 23, 18:45
Ukraine’s finance ministry files appeal to London Court against Russia in $3 bln debt caseBusiness & Economy June 23, 18:42
Ukrainian society tired of Poroshenko’s policy — expertRussian Politics & Diplomacy June 23, 17:58
Deutsche Welle sees Russian international broadcasters as threat to European ideasWorld June 23, 17:34
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.