Russia's Rostelecom (ROS) and Sistema have expressed interest in bidding for the privatization...

|About: Rostelecom OAO (ROS)|By:, SA News Editor

Russia's Rostelecom (ROS) and Sistema have expressed interest in bidding for the privatization of the two state-run telecom operators of Azertelekom and Baki Telefon Rabitesi in Azerbaijan. Rostelecom plans to construct a backbone network in the CIS (former USSR) countries, and intends to acquire any operators that meet its requirements. ROS +2.5% premarket.