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Articles tagged with: Alfa Group and Megafon

MegaFon Denies Interest in Buying VimpelCom Stake

Russia's 3rd largest mobile phone network, MegaFon has denied reports that it is looking to buy a 5% stake in its rival network, Vimpelcom. The company had been reported to have considered the purchase by Russian business daily, Kommersant - but a source told Reuters that the story was not true.  more

Related Tags: vimpelcom, leonid-reiman, Russia


Fitch Upgrades TeliaSonera's Outlook to Stable

Fitch Ratings today revised Sweden-based TeliaSonera's Outlook to Stable from Negative. At the same time the agency has affirmed the Long-term Issuer Default rating (IDR) and senior unsecured rating at 'A-' (A minus).  more

Related Tags: fitch-ratings, teliasonera, alfa, turkcell, fitch, presence, Sweden


Moody's Upgrades MegaFon Debt Ratings

Moody's Investors Service has upgraded the corporate family debt rating of Russia's MegaFon to Ba2 from Ba3. Concurrently, Moody's upgraded the existing US$375 million senior notes to Ba2 from Ba3. The probability of default rating was also upgraded to Ba2. The outlook on the ratings is stable.  more

Related Tags: 3g-license, alfa, arpu, Russia


Swedish Government Minister to Meet Alfa Group's Fridman

STOCKHOLM -(Dow Jones)- Russian holding company Alfa Group's controlling shareholder Mikhail Fridman and Sweden's Financial Markets Minister Mats Odell will meet for the first time this week, but no formal talks on the future of Swedish telecommunications operator TeliaSonera are on the agenda, a spokeswoman for Odell said Monday. more

Related Tags: teliasonera, alfa, dell, turkcell, kyivstar


IPOC Disappointed at Court Order over Russian Operator Stake

IPOC International Growth Fund has voiced its disappointment at the refusal by a Stockholm arbitration Tribunal, based on a highly-technical interpretation of Swedish and Russian corporate law, to require CT-Mobile to sell or transfer a disputed stake in MegaFon, Russia's third largest mobile telecoms company. more

Related Tags: alfa, stockholm


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: teliasonera, alfa, turkcell, cukurova, altimo


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: teliasonera, alfa, telenor, kyivstar, altimo


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: alfa, kyivstar, altimo


IPOC drops court claim for stake in Russia's MegaFon

MOSCOW, Mar 2 (Prime-Tass) -- Bermuda Islands-registered IPOC International Growth Fund has dropped its court claim for a 25.1% stake in Russia's third largest mobile operator MegaFon, a spokeswoman with the fund said, Kommersant business daily reported Friday. more

Related Tags: alfa, sonera


TeliaSonera exec says asset swap with Alfa not justified

MOSCOW, Feb 27 (Prime-Tass) -- A possible swap of telecommunications assets between Russian industrial and financial holding Alfa Group and Finnish-Swedish telecommunications operator TeliaSonera is not justified at this time, TeliaSonera's Chairman Tom von Weymarn told Swedish newspaper Dagens Nyheter, Russian business daily Vedomosti reported Tuesday. more

Related Tags: teliasonera, alfa, turkcell, kyivstar


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