Experts expects Initial Public Offering of Ukrtelecom, the largest telecommunication company in Ukraine, on foreign exchanges in the 2014-2016 period.
A new owner will unlikely make reshuffles in Ukrtelecom management, according to experts.
Five companies have submitted applications to familiarize themselves with the documentation on privatization of Ukrtelecom, Ukraine’s largest telecommunication company.
Three companies are interested in the privatization of the Ukrtelecom telecommunication company, chairman of the State Property Fund Oleksandr Riabchenko told the press.
The Fitch international rating agency expects the final price of 92.79% of the shares of Ukrtelecom, Ukraine’s largest telecommunication company, offered for privatization to be only slightly higher than the starting price of UAH 10.5 billion.
The European Bank for Reconstruction and Development has expressed its readiness to take part in the privatization of Ukrtelecom, Ukraine’s largest telecommunication company, and facilities of the energy sector in Ukraine.
Experts expect 92.79% of the shares of Ukrtelecom to be purchased at a price of between UAH 12 billion and UAH 15 billion.
The Cabinet of Ministers of Ukraine approved a resolution on privatization of Ukrtelecom, the largest telecommunication company in Ukraine, at its meeting on September 27.
The State Property Fund expects that the starting price for the 93.02% stake in the Ukrtelecom telecommunication company will be over UAH 12 billion in case the privatization auction is invited
Heorhii Dzekon, the board chairman of Ukrtelecom, the largest telecommunications company in Ukraine, has said that creation of a fund for universal telecommunications services will increase the company’s value in case of its privatization.