06 May 2004 22:00
Sibirtelecom ups stake in Mobiltelecom
The price of the shares was not disclosed.
Sibirtelecom plans to increase its stake further to 75%, head of
NOVOSIBIRSK. May 6 (Interfax) - Sibirtelecom acquired 17.68% of Mobiltelecom in Ulan Ude at the end of April, raising
its stake in the company to 43.68%, Sibirtelecom told Interfax.
the company's capital markets department Alexei Shipitsin said. In March it received permission from the
Anti-Monopoly Ministry to buy 49% of Mobiltelecom.
Sibirtelecom has about 3.5 million fixed-line subscribers in the Siberian Federal District.
Svyazinvest owns 38.2% of Sibirtelecom. Nominal shareholders are Depository Clearing Company with 14.83%, ING Bank
(Eurasia) with 11.31%, and Brunswich UBC Warburg Nominees with 6.07%. [RU ASIA EUROPE EEU EMRG TEL MRG STX] me
[Interfax] |
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