February 14, 2019 / 12:05 PM / 9 months ago

Russia's VTB to decide on Tele2 stake sale within a month -CEO

SOCHI, Russia, Feb 14 (Reuters) - Russian state bank VTB plans to take a final decision on selling its entire stake in Russia’s No.4 mobile phone operator Tele2 to Rostelecom within a month, VTB CEO Andrei Kostin said on Thursday.

VTB and its partners own 55 percent of shares in Tele2 Russia, while state-controlled telecoms operator Rostelecom has a 45 percent stake. (Reporting by Polina Nikolskaya; writing by Maria Kiselyova; editing by Susan Fenton)

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