Rostelecom CEO Says Tele2 Russia Deal Will Create Value
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OAO Rostelecom Chief Executive Officer Sergey Kalugin made his case for the planned combination of the state-run phone company’s mobile assets with Tele2 Russia, saying the deal will boost their competitiveness.
“Combining our mobile assets with Tele2 Russia, we will increase their value,” Kalugin said yesterday in an interview at Rostelecom’s headquarters in Moscow. “The combined business will grow faster under Tele2 management, which has proved its ability to develop regional mobile networks efficiently.”