Starting Price for Ukrtelecom Auction Announced
17 May 2008
According to our sources the State Property Fund (SPF) is about to announce the starting price at the auction for a 1% stake in Ukrtelecom (UTEL: HOLD) on May 22. The information we have received sets the starting price at USD 0.23 (UAH 1.15) per share. Earlier this week the SPF announced that it would hold a tender for a 1% stake in Ukrtelecom on May 22.
