Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Rostelecom Drops for First Day in Three on Kerimov Sale Report

Don't Miss Out —
Follow us on:

Jan. 16 (Bloomberg) -- OAO Rostelecom, Russia’s state-controlled telecommunications operator, dropped for the first day in three after Vedomosti reported billionaire Suleiman Kerimov is in talks to sell his six percent stake.

The shares dropped 1 percent to 152.56 rubles as of 10:46 a.m. in Moscow, the biggest intraday fall since Jan. 11.

Rostelecom itself may buy back the shares from Kerimov, the newspaper said, citing a person close to the company.

To contact the reporter on this story: Jack Jordan in Moscow at jjordan22@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.