Support The Moscow Times!

Rostelecom Lists Overseas

State telecoms giant Rostelecom has applied to the financial markets regulator to list up to 25 percent of its shares on an overseas stock exchange, a disclosure document showed on Friday.

Rostelecom, which earlier this month completed a merger with seven regional telecoms groups, wants to list 735.8 million shares out of a total of three billion.

Rostelecom's chief executive Alexander Provotorov earlier said the company wanted to list up to 25 percent of its shares, most likely in London by the end of 2011.


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.