The Cabinet decided to include Ukrtelecom (UTEL: HOLD) on the list of the companies which must start privatization preparations in 2005. According to the Prime Minister, UTEL must be privatized in late 2005- early 2006. Concorde Capital: This move by the government was fully expected, as it is in line with all the positive news about UTEL, which has been issued by the state over the last two weeks (see our desk note from July 18).