Sale of Ukrtelecom is again postponed
Competition for the sale of Ukrtelecom not take place in September this year, as previously planned. This was stated today at a press conference the head of the State Property Fund, Alexander Ryabchenko.
Ukrtelecom will be privatized, it is absolutely accurate. Will there be a competition announced in September – no. We simply do not have time. The position of the fund is simple: Ukrtelecom regularly exhibit theoretically for sale, starting in 2000, the last ten years, he regularly “exposed”, but it was never put up “, – A. Ryabchenko, quoted by the correspondent Liga.
Head of the State Property Fund said that as soon as the decision of the competition, the Fund will promptly prepare and conduct the contest. “The signal for this will be when a transport ministry will be transferred to a stake in Ukrtelecom … We live in such a way that the competition we can declare any day. So, when it takes place depends on many factors,” – said A. Ryabchenko .
With regard to the price at which fund company agrees to put on sale, A. Ryabchenko noted that the amount should not be less than 12 billion UAH. “Right now, the capitalization of state 93% – 10 billion 400 million UAH. And it is growing … We therefore believe that the launch will be about 12 billion” – he said.
Source: BIZliga