15 June 2004 06:04
Svyazinvest chief against privatization
"In my opinion, this simply cannot be done yet. This is not the
asset that will bring huge revenue for the government. The loss of
ST. PETERSBURG. June 15 (Interfax) - Svyazinvest General Director Valery Yashin is against the privatization of the
company.
influence on telecoms is much more considerable," Yashin told Interfax at an economic forum in St. Petersburg on
Tuesday.
The telecoms company plans to increase revenue 20% in 2004 to over 180 billion rubles. "This is a principle
figure for us. If we achieve this it will be a good result," he said.
Svyazinvest plans to introduce 4 million telephone numbers in 2004, against 3.46 million in 2003.
The company has over 3 million mobile phone subscribers, Yashin said.
Svyazinvest owns controlling stakes in seven interregional telecoms companies and in national long distance provider
Rostelecom. The government owns 75% minus one share in Svyazinvest. Mustcom acquired 25% plus one share in 1997 for
$1.87 billion. [RU ASIA EUROPE EEU EMRG TEL IPO RES RESF CORA] me
[Interfax] |
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