Six companies interested in privatization of UkrTelecom

Six companies announced interest and have submitted applications for studying tender documentation for privatization of UkrTelecom. According to the chairman of the State Property Fund (SPF) Oleksandr Riachenko, next to these six companies also Turkcell sent a letter offering postponement of the tender. On October 13 SPF announced a tender to sell a 92.79% stake in UkrTelecom. The bidding is scheduled for December 28 with a starting price of UAH 10.5bn. SPF expects the sale price will reach UAH 11-12bn.

Source: IntelliNews – Ukraine Today (16.12.2010)