BELARUS NEWS AND ANALYSIS

DATE:

22/03/2011

Lukashenko slaps USD1 billion price tag on MTS Belarus stake

Reuters reports that the government of Belarus is looking to sell its share of wireless operator MTS Belarus. Russian giant Mobile TeleSystems (MTS) currently owns 49% of the cellco, with the Belarusian government owning the remainder. President Lukashenko is reported to have told MTS it can increase its ownership to 100%. ‘We are not against this: just pay USD1 billion’, state news agency BELTA quoted the president as saying. ‘If you [MTS] want to buy, just go ahead. Otherwise we’ll put it up for an auction.’

Source:

http://www.telegeography.com/cu/article.php?article_id=36531&email=html


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