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Rostelecom Privatization Plan Clear by April

By The Moscow Times

The Federal Property Management Agency will develop the technical parameters and format for privatization of national telecommunications company Rostelecom by April, when the company publishes its results for 2013, said agency chief Olga Dergunova, during the Gaidar Forum in Moscow on Wednesday.

The state controls 51 percent of the voting shares and 47 percent of the charter capital of Rostelecom. Sale of the state's stake could take place in 2014, Dergunova said earlier.


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