Belarusian Government To Sell 51% Stake In MTS

The Belarusian government has announced it will sell its 51% stake in MTS Belarus. The government is expecting to receive offers of at least US$1bn from the open tender on December 1 2011. CFW believes the government's price expectations may be too high after it failed to agree on a price with Russia's MTS, which owns the remaining 49% stake, and has long held an interest in the remaining 51%.

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