Rostelecom May Tie Up With Tele2 in Russia, Kommersant Says

OAO Rostelecom, Russia’s dominant long-distance phone operator, may create alliance with a Swedish company Tele2 AB (TEL2B), Kommersant reported, citing three unidentified people in the industry.

Rostelecom may either create a joint venture with the Swedish partner or exchange its 100 percent stake in ZAO Sky Link, a mobile operator, for the the Swedish company’s stake in the mobile operator Tele2 Russia, the newspaper said.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.