Rostelekom OAO (ROSyq.L)
13 Mar 2014
|Market Cap (Mil.):||$6,219.47|
|Shares Outstanding (Mil.):||485.34|
MOSCOW - Russian bank VTB said it would stay for at least three years as an investor in T2 RTK Holding, the country's No.4 mobile carrier being formed from the merger of Tele2 Russia and the wireless assets of Rostelecom.
* May then exit through an IPO, sale to strategic investor
MOSCOW, Feb 6 - Russian bank VTB announced on Thursday the merger of its Tele2 Russia mobile unit with the mobile assets of telecoms group Rostelecom into a single company, T2 RTK Holding.
MOSCOW, Jan 30 - Russian telecoms group Rostelecom is planning to sell a 12 percent stake to banking group VTB for up to 35 billion roubles ($995 million) to help to pay for a share buyback, business daily Kommersant reported on Thursday.
Update-Moody's:Rostelecom and Tele2 Russia joint venture is credit neutral for Russian "big three" mobile operators
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MOSCOW, Dec 12 - Russian state-controlled telecoms group Rostelecom said on Thursday its board had approved a plan to merge its mobile business into rival Tele2 Russia.
MOSCOW - Russian state-controlled telecoms operator Rostelecom may sell up to 46 billion roubles ($1.4 billion) of shares in a secondary public offering (SPO) of treasury stock to help it cut debt, business daily Kommersant reported on Tuesday.
MOSCOW, Dec 10 - Russian state-controlled telecoms operator Rostelecom may sell up to 46 billion roubles ($1.4 billion) of shares in a secondary public offering (SPO) of treasury stock to help it cut debt, business daily Kommersant reported on Tuesday.
MOSCOW, Nov 21 - A dive for shares in Rostelecom helped push Russia's stock market lower on Thursday on disappointment over the price offered by the state telecoms company to buy out shareholders who oppose a merger of its mobile business with Tele2 Russia.
* Board meeting on Wednesday put mobile spin-off to shareholders' vote