|
|
Articles tagged with: Alfa Group and Vimplecom
Telenor and Alfa Group Nearing a Solution to their Long-Running Disputes
Norway's Telenor and Russia's Alfa Group are reported to be close to agreeing an asset swap which will finally conclude their long running legal and commercial battles. According to The Moscow Times, Alfa will hand over its entire 43.5 percent stake in Ukraine's Kyivstar to Telenor - in exchange for twelve percent of the voting shares in Russian operator, Vimplecom. more
Related Tags: alfa, telenor, moscow, vimpelcom, kyivstar, Russia
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, kyivstar, storm
Alfa: Telenor Proposed Joint Purchase Of Ukraine Operator
MOSCOW (Dow Jones)--The telecoms arm of financial-industrial holding Alfa Group (ALFAGP.YY) received a proposal four to five months ago from Norway's Telenor ASA (TELN) for the two companies to purchase a small Ukrainian mobile operator, but rejected the offer, Alfa said Thursday. more
Related Tags: asa
Vimpel Board Doesn't OK Ukranian Radiosystems Buy
NEW YORK (Dow Jones)--Vimpel Communications' (VIP) board failed to approve the potential acquisition of Ukrainskiye Radiosystemy, or Ukranian Radiosystems, by the necessary eight out of nine total votes. more
Related Tags: asa
VimpelCom Fri Board Meeting Seen Key To Future Direction
MOSCOW (Dow Jones)--The board of OAO Vimpel Communications (VIP), Russia's second-largest mobile phone network operator, meets Friday to decide on a strategic move that could ultimately decide the future of the company's ownership. more
Related Tags: megafon, kyivstar, asa
The Russian investment bank, Alfa Group says that it has taken over a company that owns a 25% stake in the national GSM operator, MegaFon. The Alfa Group currently also controls the rival network, Vimplecom through sharing over 50% of the company holdings with Norway's Telenor. This could presumably presage a merger between the two companies to create a rival to Russia's largest network operator (by subscriber numbers), MTS. more
Related Tags: