Foreign investors may take part in the privatization of Ukrtelecom, the president of the company Heorhy Dzekon told.

He is confident in Ukraine’s attraction for foreigners and he welcomes Deutsche Telecom and France Telecom and other foreign companies.

He also notes that Russian Sistema Company may come and participate in the privatization. Sistema is the one of the main MTS stockholders which possesses 100% of UMC.

According to him, Ukrtelecom will be sold in 2006.

Presently, the Law on Particularities of Ukrtelecom’s Privatization has been terminated by the Law №2729 of July 5, 2005.


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