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The board of director of Rostelecom may receive a director that will be accountable to the state for the results of meetings held. The State Property Management Agency, which recently became the holder of a 7.43% stake in the operator, is to select an appointee for this role among its board members

Russian president Dmitry Medvedev has signed off on a decree aimed at conferring Russian citizenship on Prince Alexander Trubetskoy, who was born in 1947 and lived in France. The respective document, which was signed on January 24, was placed in the database of statutory acts of the Russian Federation

Rostelecom may still sell some of its shares during a listing on the London Stock Exchange (LSE). Investors will be offered shares that were earlier owned by former Svyazinvest CEO Evgeny Yurchenko

VTB has accumulated a 3.86% stake in Rostelecom (RTS: RTKM), which will then be sold to the operator’s subsidiary Mobitel

As RBC Daily learned, the State Property Management Agency recently received a 7.43% stake in Rostelecom, but the agency does not intend to assign it to trust management

The Federal Antimonopoly Service (FAS of Russia) has approved an application by Rostelecom on the acquisition of 100% of the voting shares in Elkatel (Moscow)

The Federal Antimonopoly Service (FAS of Russia) has approved an application by Rostelecom and Severen Telecom (St. Petersburg) to receive 28.39%/28.01% and 0.38%, respectively of Zebra Telecom’s (Moscow) book value, fixed assets, and intangible assets of the company

The RF Telecommunications Ministry and the RF Economic Ministry have approved a presidential decree to contribute assets worth Rub 5.24 bln to Svyazinvest, after which the state holding will be merged to Rostelecom

Over half of the Rostelecom shares purchased by Suleiman Kerimov’s Nafta Moskva will go to the operator’s subsidiary Mobitel. As Kommersant learned, the shares will be bought back at a price 9% higher than market price, thereby allowing Nafta to earn approximately RUR 1.5 bln after owning these shares for just three months

The board of directors of Rostelecom discussed on Monday a buyback of the company’s shares from Suleiman Kerimov, a source aware of the outcome of the meeting told Interfax

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