Russia May Privatize Rostelecom in 2013 as Tele2 Deal Looms

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OAO Rostelecom may be privatized this year as the Russian government moved up plans to sell its majority stake in the telecommunications operator that may be the ultimate buyer of Tele2 AB’s business in the country.

Originally, the state planned to sell its 53 percent in the fixed-line monopoly that’s seeking to expand into mobile from 2014 through 2016. Today, Federal Property Management Agency head Olga Dergunova said it’s proposed adding the stake to this year’s privatization plans.