Russia watchdog in favor of Rostelecom-Tele2 tie-up: reports

MOSCOW (Reuters) - Russia's anti-monopoly regulator on Thursday said it would be in favor of combining the Russian business recently sold by Nordic telecoms group Tele2 with state-controlled operator Rostelecom , as it would increase competition. Tele2 sold its Russian business to state-controlled bank VTB in a surprise $3.55 billion deal. Analysts see Rostelecom, the fifth-biggest mobile player behind Tele2, as the most likely ultimate buyer. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/russia-watchdog-favor-rostelecom-tele2-tie-reports-144125604.html