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Articles tagged with: Alfa Group and Altimo

Russian Bailiffs to Sell Telenor's Stake in VimpelCom

Russian bailiffs have passed an order to auction off Telenor's shares in Russian mobile network operator, VimpelCom to cover a disputed US$1.7 billion fine. Responding to the news, Telenor said that it has not received any other information from the Bailiff's office than what has been posted on the Bailiff's home page.  more

Related Tags: vimpelcom, telenor, farimex, new-york, Russia


Alfa Held in Contempt by US Court - Telenor's VimpelCom Shares Arrested in Russia

Telenor has issued a statement announcing that a US federal court in New York yesterday held four Alfa Group companies in contempt for the second time for their failure to comply with the court's orders confirming the Kyivstar arbitration award. Shortly after the hearing ended, Telenor heard rumours that a Russian bailiff acting on behalf of Farimex Product, had arrested all of Telenor's shares in Russian mobile operator VimpelCom. This was confirmed this morning.  more

Related Tags: sim, eu, ict, alfa, telenor, moscow, turkcell, vimpelcom, farimex, kyivstar, storm, new-york, Russia


US Federal Court Grants Telenor Motion, Holds Altimo in Contempt,

The US Federal Court for the Southern District of New York on 19 November granted Telenor's motion requesting that Alfa Group companies Altimo, Alpren, Hardlake and Storm be held in contempt of court for their failure to obey a November 2, 2007 court order upholding Telenor's arbitration award against Alfa Group subsidiary Storm.  more

Related Tags: alfa, telenor, turkcell, kyivstar, seven, storm, new-york


Telenor Takes Action to Stop Russian $3.8 Billion Lawsuit

Telenor says that it has requested the US Federal District Court in New York to stop Farimex from pursuing a lawsuit against Telenor in Khanty-Mansiysk in Russia. On Friday, 20 June, Telenor filed a lawsuit against Alfa Group affiliates Farimex Products, Altimo Holdings & Investments and Eco Telecom, requesting the Court to compel Farimex to arbitrate its claim in an arbitration proceeding commenced by Eco Telecom in March 2008.  more

Related Tags: alfa, telenor, vimpelcom, farimex, new-york, Russia


Telenor Files Insider Trading Lawsuit Against Russia's Alfa

MOSCOW -(Dow Jones)- Norwegian telecoms operator Telenor Thursday said it had filed a suit accusing Russian conglomerate Alfa Group of insider trading in shares of Russian mobile firm VimpelCom. more

Related Tags: alfa, telenor, vimpelcom


TeliaSonera Keeping an Eye on Cukurova's Turkcell Stake

STOCKHOLM -(Dow Jones)- Swedish telecommunications operator TeliaSonera is monitoring developments relating to Turkish holding company Cukurova's stake in mobile operator Turkcell closely, said TeliaSonera spokesman Ola Kallemur Tuesday. more

Related Tags: megafon, teliasonera, alfa, turkcell, cukurova


Source says Alfa, TeliaSonera talks on asset swap breakdown"

MOSCOW, Mar 30 (Prime-Tass) -- Talks between Altimo, the telecommunications arm of Russian industrial and financial holding Alfa Group, and Finnish-Swedish telecommunications operator TeliaSonera on a possible asset swap have broken down amid several disagreements, a source close to the negotiations said, Vedomosti business daily reported Friday. more

Related Tags: megafon, teliasonera, alfa, telenor, kyivstar


Altimo takes $1.5 bln loan for mobile projects in Eurasia

MOSCOW, Mar 14 (Prime-Tass) -- Altimo, the telecommunications arm of Russian industrial and financial holding Alfa Group, has taken out a US$1.5 billion 2-year loan from Deutsche Bank to develop its mobile projects in Eurasia, the company said in a statement Wednesday. more

Related Tags: megafon, alfa, kyivstar


Telenor Claims Alfa Used Smear Campaign In Kyivstar Dispute

MOSCOW -(Dow Jones)- Norwegian telecommunications company Telenor, Tuesday said it has asked a New York Court to hold subsidiaries of Russia's Alfa Group in contempt for trying to derail the arbitration of their dispute over a Ukrainian mobile phone network operator. more

Related Tags: alfa, telenor, vimpelcom, kyivstar, supreme-court


Regulator seeks Alfa mandatory offer for Turkcell shrs

ISTANBUL, Feb 19 (Dow Jones) -- Turkey's capital markets regulator, the SPK, has called on Russian company Alfa Group to hold a mandatory tender offer to buy out minority shares in Turkcell Iletisim Hizmetleri, the Ihlas News Agency, or IHA, reported Monday. more

Related Tags: megafon, teliasonera, alfa, turkcell, cukurova


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