Article: Ukraine : Ukrtelecom sale scheduled for December.

Byline: pinto03

Ukraine s State Property Fund (SPF) has announced plans to sell a 67.8% stake in former monopoly fixed line operator Ukrtelecom in December this year, to leave the government with 25%-plus-one-share. No share price range or other details were announced for the long-awaited sale. In March 2009 the SPF said that at least ten potential bidders had expressed interest in acquiring a stake in the telco, which includes a 3G mobile division (under the Utel brand). Those with a confirmed interest include Russia's Sistema group and its subsidiary Mobile TeleSystems ...

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