27 Dec 2010 12:07

Transtelecom to be partially privatized no earlier than 2012 - Yakunin

MOSCOW. Dec 27 (Interfax) - Russian Railways (RZD) subsidiary OJSC Transtelecom will not be privatized prior to 2012, and only some of its shares will be sold, RZD President Vladimir Yakunin told the press in Moscow on Monday.

Transtelecom will be privatized, but RZD needs to first get the company into "normal condition," Yakunin said.