Rostelekom OAO secures regulatory approval for joint venture with Tele2 Russia-Interfax

Monday, 2 Dec 2013 09:55pm EST 

Rostelekom OAO:Rostelecom has received permission from the Federal Anti-Monopoly Service (FAS) to acquire a stake of up to 50 percent in a joint venture with mobile operator Tele2 Russia-Interfax.Rostelecom is expected to get a 45 percent stake in the joint venture, while the owners of Tele2 Russia, state-controlled bank VTB and companies controlled by Yury Kovalchuk and Alexei Mordashov will get 55 percent. 

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