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| Name | Symbol | Market | Type |
|---|---|---|---|
| PJSC Rostelecom (CE) | USOTC:ROSYY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.01 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
By Olga Razumovskaya
MOSCOW--Russian state-controlled telecommunications operator Rostelecom (RTKM.RS) has begun negotiations with Tele2 Russia, which is owned by the country's second-biggest lender VTB (VTBR.RS), about using the mobile virtual network operator model, Interfax reports Monday, citing Rostelecom's chief executive Sergei Kalugin.
Tele2 Russia is the country's fourth-largest mobile operator on the market. An MVNO agreement would enable it to use Rostelecom's third-generation, or 3G, network to provide its services to more clients. The company currently has no 3G, or the even faster long-term-evolution licences, and operates in the GSM standard.
"I think the first [thing] that we will do now, we will try to agree with them on MVNO," Mr. Kalugin is quoted as saying. "This, I believe, can be done right away," he added.
He said the management of the two companies had already had two meetings on the subject, Interfax reports.
Agency website: www.interfax.ru
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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