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Wireless

Rostelecom would take on heavy debt if it bought out Tele2 Russia -- economist

Tuesday 29 January 2019 | 10:25 CET | News
Gaining a majority stake in mobile operator Tele2 Russia would foster the development of Rostelecom, reports Prime citing economist Nikita Krichevsky. At the same time, the acquisition would raise the national operator's debts. Rostelecom is expected to spend RUB 240 billion to increase its stake in Tele2 Russia and is likely to need credit in order to close this deal.

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Categories: Mobile & Wireless
Companies: Rostelecom / Tele2 Russia
Countries: Russian Federation
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