Crimea wants to sell Krymtelekom for at least 1 bln rbl by 2019

SIMFEROPOL, Nov 19 (PRIME) – The Crimean authorities expect the sale of state telecom company Krymtelekom, to take place until 2019, to bring the regional budget at least 1 billion rubles, the republic’s head Sergei Aksyonov told reporters on Monday.

“Privatization should take place this year. The preliminary amount is at about 1 billion rubles, and it could rise during the auction depending on the number of bidders,” Aksyonov said.

Several big companies said they will take part in the auction, he said without naming any.

(65.9931 rubles – U.S. $1)

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