China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

May 2006

Russia: It’s now, or 2008, for Svyazinvest

by Kathryn Wells

The long-awaited privatization of Svyazinvest, Russia’s national fixed-line telecoms operator, could finally get under way within the next two months.


Support from the communications and economy ministries in recent weeks suggests that the sale should take place this year, analysts say.

According to Konstantin Chernyshev, telecommunications analyst at UralSib Financial Corporation in Moscow, for the privatization to take place Russia’s legislature, the Duma, needs to pass amendments on “special users” of telecoms services before Svyazinvest can be officially included in the government’s privatization list.


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