Rostelecom Gains on Report Government Will Take Over 7.4% Stake

OAO Rostelecom, Russia’s biggest fixed-line telephone service provider, rose to a two-week high in U.S. trading on a report that the government is moving closer to getting a 7.4 percent stake in the company from the state-owned Deposit Insurance Agency.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.