"Ukrtelecom" offer for sale

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The Minister of Transport and communications Iosif Vinsky predicts the competition announcement on "Ukrtelecom" privatization next week (on February 9-15). He told about it to journalists.

"Next week it can be declared (competition). 75 days holding the auction procedure", - were specified by him.

The minister considers expedient "Ukrtelecom" sale, despite crisis.

"I consider that it is necessary to expose the real price, my position - not less than 25 billion hryvnias", - were added by Vinsky.

According to him, everything for privatization is already prepared and as soon as discussion about the person who will disclose about the competition beginning will be solved, it will be at once declared.

We will remind that on April 9 the Cabinet of Ministers approved conditions of privatization of 67,79% of "Ukrtelecom" with the starting cost of 12 billion hryvnias.

On May 16 the Cabinet delegated itself from FGI powers on management of the state share of "Ukrtelecom".

On May 20 Yushchenko suspended this decision of the government.

"Ukrtelecom" occupies 78,5% of the market of the fixed telephony, serving 9,9 million subscribers.


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