Russian govt plans to cut stake in Rostelecom

News Broadband Russian Federation 1 OCT 2019
Russian govt plans to cut stake in Rostelecom

The Russian government plans to reduce its stake in national operator Rostelecom, reports Tass. A draft document on a privatisation programme for several state-owned companies for the period until 2022 has been submitted to parliament.

The exact terms of the privatisation programme should be approved by the government, taking into account the market situation and opinion of consultants.

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