Soyuz MS-02 spacecraft docking the International Space StationScience & Space October 21, 12:01
Russia baffled by Belgium’s refusal to acknowledge Hassajek village bombingRussian Politics & Diplomacy October 21, 11:41
Senator blasts Tusk’s remarks at EU summit as Russophobic fearmongeringRussian Politics & Diplomacy October 21, 10:57
Lawmaker considers Russian economy adapted to foreign policy challengesBusiness & Economy October 21, 10:43
French Senate speaker thanks Russia for humanitarian pause in AleppoWorld October 21, 9:43
Russian diplomat criticizes Ban Ki-moon for turning blind eye to terrorism in SyriaRussian Politics & Diplomacy October 21, 8:54
Brussels says numbers of aircraft involved in Aleppo strike 'not Belgian'World October 21, 8:41
Syria to bring down Turkish warplanes violating its airspace — Defense MinistryWorld October 21, 8:27
Italian PM says extra sanctions against Russia over Syria are pointlessWorld October 21, 8:21
MOSCOW, June 09. /ITAR-TASS/. The Russian government has decided not to sell its stake in telecom giant Rostelecom in 2014, First Deputy Finance Minister Tatyana Nesterenko said at a meeting on Monday.
Along with Rostelecom, the government will not sell stakes in state-owned shipping company Sovcomflot and Novorossiysk Commercial Sea Port (NCSP) this year.
“Considering uncertainty with the value of these assets, the government decided not to offer stakes in these companies for sale,” Nesterenko said.
The Federal State Property Management 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 each own 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 subscribers of the broadband internet access, and 6.9 million subscribers of pay TV. Its own long-haul network amounts to 500,000 kilometers, and over 2.6 million kilometers of local grids.