MOSCOW, March 16 Former cable TV boss Sergei
Kalugin has emerged as a candidate to replace Alexander
Provotorov as chief executive of Russia's state-controlled
Rostelecom, a source close to the company told
The development comes two weeks after Arkady Rotenberg, a
construction oligarch who is close to President Vladimir Putin,
took a 10.7 percent stake in Rostelecom in a move seen by
analysts as a sign of an upcoming management change.
The government, which owns 53 percent of Rostelecom via
state holding company Svyazinvest, has been critical of its weak
share price and of management's plans to expand in the
competitive mobile market.
Earlier this month, Russia's Prime news agency said
Provotorov looked set to lose his place on the board after the
government backed a list of candidates that did not include him.
Kalugin was the head of National Cable Networks, leaving the
post after Rostelecom bought its parent company last year.
"Kalugin emerged as a potential candidate a while ago," the
source said on Saturday. Rostelecom declined to comment.
Rotenberg, a former judo sparring partner of Putin, is one
of a group of oligarchs who have made their fortunes since he
came to power in 2000, and whose rise reflects the Kremlin's
increasing influence in business.
(Reporting by Maria Kiselyova; Writing by Katya Golubkova;
Editing by Melissa Akin and Mark Trevelyan)