Economy

BelTA

28.09.2012 / 14:48

Belarus Still Wants $1bln for MTS Mobile Network Operator

The sale of the government stake in SOOO MTS is still on the agenda, the startup price remains the same, $1 billion, Vice-Premier of Belarus Anatol Kalinin informed.

“Of course, the sale of the government share in SOOO MTS is still on the agenda. Some people are interested in the asset and are going to submit applications to take part in the auction. There are potential investors, some are considering various options,” the Vice-Premier said.

He provided no information about possible proposals of OAO MTS that owns 49% of shares in the joint venture SOOO MTS. “I have no such information.”

The startup price for the government stake in SOOO MTS remains the same. Last year it was set at $1 billion. “We do not consider reducing the startup price, it remains unchanged,” he noted.

The date of the auction has not been finalized yet.

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