The President of Ukraine Viktor Yushchenko as before insists on whole majority holding sale of “Ukrtelecom”, but not its part. The Head of the social-economic development department of the President’s Secretariat Olexander Shlapak told today at the briefing.

“Sale of 5 or 10% of holding is not reasonable. Such sale is reasonable if we want to see the market and price tendency,” he said.

According to Shlapak, the State property fund and the Government should not hasten with the 5% of majority holding sale of “Ukrtelecom”. “We think it is impossible to start sale without understanding in what way we will sell “Ukrtelecom”, he explained.

He considers the Cabinet is necessary to create a working group to work out a plan of “Ukrtelecom” privatization and only then to sell it.


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