13:56, 12.08.2008 Romtelecom Listing Postponed For a09 On Financial Mkts Crisis

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BUCHAREST / 13:56, 12.

08.2008 The stock market listing of Romanian fixed-line telephony operator Romtelecom was postponed for 2009, due to problems on international financial markets, Romania"s communication and IT minister Karoly Borbely said Tuesday."We want to float Romtelecom shares, where the state owns 45%, in spring next year, at a good price," Borbely said.He added the contract with the consultant will be signed in a month and a half.In February, Borbely said the company would be listed...

Read the whole story in: Mediafax