Six potential bidders line up for Ukrtelecom

16 Dec 2010

Six companies have expressed an interest in bidding for Ukrainian national PTO Ukrtelecom, the State Property Fund announced yesterday, as reported by locally-based Millennium Capital, although no further details of the potential bidders have been released. Russian group Sistema (owner of cellular group MTS) is considered to be the favourite to win an auction for the government’s entire 92.8% stake in the incumbent telco – also Ukraine’s sole UMTS-based 3G mobile network operator – scheduled for 28 December 2010.

Ukraine, Ukrtelecom (incl. TriMob)