Local newspaper Kommersant reports that the controlling shareholder of Ukrtelecom, the Austrian company Epic, is in talks with SCM Holding over the sale of a stake in the Ukrainian incumbent. SCM already owns fixed line operator Vega and has a 45.2% stake in the cellco Astelit, which provides services under the life:) brand name. In a phone interview with Bloomberg, SCM spokesman Anatoliy Yevtushenko said that the company is ‘aware’ of the possible sale of the Ukrtelecom stake but could not comment on ‘hypothetical deals’.
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