In the old days in Germany, people used to worry about Russian phone taps. Now, petrodollar-flush Russia is considering buying the phone lines. Market Watch reports on an article from Suddeutsche Zeitung:
Telecommunications Minister Leonid Reiman said Russian wants to become a technology center. To that aim, Russia is looking abroad. The government is considering whether Russian companies should invest in major European concerns, among them Deutsche Telekom.
He was unable to say at what stage the talks over conglomerate Sistema taking a stake in DT are, but he regarded the efforts as appropriate