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Articles tagged with: Alfa Group and Turkcell

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, vimpelcom, farimex, kyivstar, altimo, storm, new-york, 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, megafon, teliasonera, alfa, fitch, presence, Sweden


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, kyivstar, seven, altimo, storm, new-york


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: megafon, teliasonera, alfa, dell, kyivstar


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, cukurova, altimo


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: megafon, teliasonera, alfa, kyivstar


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, cukurova, altimo


Turkey's Cukurova to get $592 mln from sale of Turkcell stake

MOSCOW, Nov 17 (Prime-Tass) -- Turkey's Cukurova Group is selling a 5.88% stake in Turkey's largest mobile operator Turkcell for about US$4.6 a share, or approximately US$592 million for the entire stake, Turkey's IHA news agency reported Friday citing TV channel CNBC Turkey. more

Related Tags: teliasonera, alfa, sonera, cukurova


Cukurova puts 6% stake in Turkcell up for auction to pay debt to Alfa

MOSCOW, Nov 9 (Prime-Tass) -- Turkey's Cukurova Group has announced a public offer of a 5.88% stake in Turkey's largest mobile operator Turkcell to get funds to pay off part of its debt to Russia's Alfa Group, Cukurova Group said in a statement Thursday. more

Related Tags: teliasonera, alfa, sonera, cukurova


INTERVIEW:VimpelCom Founder-Saddened By Telenor Tactics

MOSCOW -(Dow Jones)- Founder and honorary president of Russia's VimpelCom, Dmitry Zimin said he is "saddened and perplexed" by actions of Norway's Telenor, one of two dominant shareholders.  more

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


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