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ROSYY PJSC Rostelecom (CE)

1.01
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
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

Russia Communications Minister: No Ways to Privatize Rostelecom Discussed -Reports

20/06/2013 7:30am

Dow Jones News


PJSC Rostelecom (CE) (USOTC:ROSYY)
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  By Olga Razumovskaya 
 

MOSCOW--The Russian government is currently not discussing ways to privatize state-controlled telecoms operator Rostelecom (RTKM.RS), communications and mass media minister Nikolai Nikiforov said Thursday on the sidelines of the St. Petersburg International Economic Forum, Russian news agencies reported.

On Wednesday, Russian business daily Kommersant, citing an unnamed source in the government, reported that the government was discussing selling its 55.6% stake in the company to the "big three" telecom operators Mobile TeleSystems (MBT), VimpelCom (VIP) and MegaFon (MFON.MZ), bypassing international investors.

Mr. Nikiforov said this "scheme" of Rostelecom's privatization is not under discussion.

News agency websites: www.interfax.ru, www.1prime.ru

Write to Olga Razumovskaya olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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