OREANDA-NEWS. January 16, 2008. OJSC CenterTelecom has sold stakes in Optimum-Svyaz CJSC and Oskoltelecom CJSC, the company's press service reported. The sales of CenterTelecom's minority stakes in the authorized capital of these two telecommunications operators were undertaken in accordance with CenterTelecom's optimization plan for subsidiary businesses with a view to optimizing of the company's investments. Decisions on the termination of CenterTelecom's equity participation in Optimum-Svyaz CJSC and Oskoltelecom CJSC were made previously by CenterTelecom's Board of Directors.
 
CenterTelecom has sold a 10% stake in Optimum-Svyaz to Optimum CJSC and a 12.41% stake in Oskoltelecom CJSC to KROSS CJSC.