Russian billionaire Suleyman Kerimov may be buying up to 6% of Rostelecom's (RTKM.RS) shares, Russian daily Kommersant reported.

Following a fall in the share's price in August, Kerimov, the main shareholder of Uralkali (URKA.RS), may buy shares belonging to Yevgeny Yurchenko, former general director of Svyazinvest, which partly owns the company.

Kerimov's investment firm Nafta Moskva declined to comment and Yurchenko said he remains Rostelecom's minority shareholder.

Newspaper Web site: www.kommersant.ru/doc/1807682

-By Moscow Bureau, Dow Jones Newswires; +7 495 232 9192

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