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Articles & publicationsGazprombank and VTB Capital, which owns 28.2% of National Telecommunications (NTC) holding failed to respond to an offer made by its main owner, Rostelecom, to buy out this equity position
19.12.2011
The management board of the Federal Financial Services Market has authorized Rostelecom to increase its maximum tariffs for local telephony in mandatory tariff plans by 6.1% as of March 1, 2012. The operator had requested a 6.8% hike
Rostelecom raises tariffs Rostelecom is in no hurry to receive a listing before the end of 2011, but is not abandoning its plans to do this
16.12.2011
State holding Svyazinvest could eliminate the need to buy back a 2.4% stake in Rostelecom from VEB, it follows from a letter addressed by VEB Chairman Vladimir Dmitriev to the bank’s supervisory board
VEB not to part ways with Rostelecom Rostelecom will roll back its listing on the London Stock (LSE) unless it manages to receive permission from the stock market regulatory within the next few days Rostelecom is entitled to use its rights to the 2300-2400 MHz frequency range to build LTE networks in 39 regions without any additional decisions on the part of regulatory authorities, although the operator received these resources for networks running on another technology, WiMAX Svyazinvest is to be removed from the last of strategic enterprises and merged with Rostelecom. As Kommersant learned, this issue will be resolved by Vice-Prime Minister Sergey Ivanov in tandem with Prime Minister Vladimir Putin before February 1, 2012. By this time, the relevant parties are to submit their proposals for the second stage of the reorganization of the state holding. Vnesheconombank (VEB) has been placed in charge of ensuring that the state maintains control over Rostelecom
09.12.2011
Rostelecom’s IFRS 3Q 2011 net profit amounted to RUR 10.3 bln, which is 1% more than in the same period last year. In the first nine months of 2011, the company’s net profit increased to RUR 29.3 bln, which is 2% up from the year-earlier period
Rostelecom is in no hurry Rostelecom has received proposals to acquire stakes in cellular retailers Evroset (RTS: TDEV) (TDEV) and Svyaznoy, but no negotiations on the transaction have been held yet Rostelecom intends at the beginning of 2012 to complete a transaction to acquire mobile operator Sky Link from parent company Svyazinvest |