MTS Belarus has named Vladimir Kondratyev as its new CFO.
Kondratyev has previously held senior finance positions with Comstar, VimpelCom and the Russian Telephone Company (RTC), according to a company statement.
Kondratyev’s appointment comes as the…
MTS Belarus has named Vladimir Kondratyev as its new CFO.
Kondratyev has previously held senior finance positions with Comstar, VimpelCom and the Russian Telephone Company (RTC), according to a company statement.
Kondratyev’s appointment comes as the company embarks on changes to its organisational structure to better align it with the principles of Russian operator MTS, which has a 49% stake in the company.
The Belarusian government, which owns the remaining 51% of shares, has been trying to sell its stake for several years. This February, it rejected a US$400m-US$500m offer from MTS, describing it as too low. The original US$1bn asking price based on a 2010 market valuation was dropped to US$863m in December 2013. The government had called off an earlier sales process due to a lack of bids.
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