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Articles tagged with: Alfa Group and Storm
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, altimo, new-york, court, 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, altimo, new-york, court
Telenor Ups Pressure on Ukraine Operator Dispute
Following the ongoing shareholder dispute at the Ukrainian operator, Kyivstar - Telenor announced yesterday that it will deconsolidate Kyivstar and to present Telenor's interests in the company in one line, as an investment in the 2006 Annual Report. Telenor owns 56.5% of Kyivstar, and will still own the stake - it is just changing how it accounts for the stake in its financial statements. more
Related Tags: alfa, telenor, vimplecom, kyivstar, vip
US court forbids Alfa Group from thwarting Telenor suit
MOSCOW, Dec 18 (Prime-Tass) -- A New York arbitration court has forbidden Russia's Alfa Group from taking any actions that would impede consideration of a lawsuit filed by Norwegian telecommunications company Telenor against Storm, an Alfa Group affiliate, Telenor said Monday. more
Related Tags: alfa, telenor, supreme-court, altimo, lawsuit
Court rejects ruling that gave Telenor, Storm equal votes on Kyivstar brd"
KIEV, May 17 (Prime-Tass) -- Ukraine's Kiev Court of Appeals has overturned a previous court ruling that gave Norwegian telecommunication company Telenor and Russia's Storm company equal votes on the board of directors of Ukraine's largest mobile operator Kyivstar, a source close to the proceedings said Wednesday. more
Related Tags: alfa, altimo, lawsuit
Telenor Commences Arbitration Against Alfa Group
STOCKHOLM -(Dow Jones)- Norwegian telecommunications operator Telenor, Wednesday said it has commenced an arbitration proceeding against Alfa Group Russia's subsidiary Storm LLC in connection with Storm's violations of the shareholders agreement of Ukrainian mobile operator Kyivstar GSM. more
Related Tags: alfa, turkcell, kyivstar, united-nations
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