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Articles tagged with: Alfa and Kyivstar
Moscow Court Delays VimpelCom-Telenor Legal Decision
Moscow's Arbitration Court has announced a delay to its ruling on whether to block the seizure of Telenor's 29.9% stake in Russian telecoms operator, VimpelCom. The hearing is now due on 30th April, and for the first time, the judge has required that VimpelCom send representatives to the court. more
Related Tags: , eu, tim, telenor, moscow, vimpelcom, farimex, siberia, court, virgin, 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, telenor, moscow, turkcell, alfa-group, vimpelcom, farimex, altimo, storm, new-york, court, Russia
Kyivstar Holds First Board Meeting Since 2005
For the first time since 2005, a meeting of shareholders of Ukrainian mobile operator Kyivstar has been held. The meeting amended the company's charter and elected a new Board of Directors. more
Related Tags: telenor, storm, Ukraine
Telenor Ratings Downgraded to Negative Outlook on Indian Financing Woes
Fitch Ratings has revised Norway-based telecommunications provider Telenor's Outlook to Negative from Stable. At the same time the agency has affirmed Telenor's Long-term Issuer Default (IDR) and senior unsecured rating at 'BBB+' and affirmed the Short-term IDR at 'F2'. more
Related Tags: arpu, fitch-ratings, capex, telenor, alfa-group, vimpelcom, fitch, unitech, Norway
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: telenor, turkcell, alfa-group, seven, altimo, storm, new-york, court
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: telenor, moscow, vimplecom, alfa-group, vimpelcom, lawsuit, siberia, geneva, Russia
Mobile Telecoms Big and Small are Dialing Emerging Markets for Growth
Every day in emerging markets, more and more people are hearing the sound of cell phones ringing. Indeed, as mobile telecommunications markets in Western Europe become more commoditized and subscriber growth slows, established players from there and North America are increasingly moving into emerging markets to maintain their growth momentum. At the same time, local and regional companies are also gearing up, betting that being smaller and nimbler will help them garner market share despite competition from the global telecoms giants. more
Related Tags: sim-card, telenor, telefonica, mts, ran, mobile-telesystems, tax, pension, millicom-international, millicom, storm, churn, taxes, tdma, pace, backup, termination, cloud
Telenor Invites Altimo To Make Peace Over Ukraine Assets
MOSCOW -(Dow Jones)- Norway's Telenor hopes that its move to resolve a dispute at Russian mobile phone operator VimpelCom will help settle a similar dispute with estranged business partner Altimo at their Kyivstar joint venture, a Telenor spokeswoman said Wednesday. more
Related Tags: telenor, vimpelcom, altimo, new-york, Ukraine
Telenor CFO: Alfa Group Fails To Pay For Arbitration In US
STOCKHOLM -(Dow Jones)- A U.S. arbitration ruling relating to alleged violations by Russia's alfa Group of a shareholder's agreement in Kyivstar is delayed as alfa Group hasn't paid their bill, said Telenor's Chief Financial Officer Trond Westlie at a press conference Tuesday. more
Related Tags: telenor, alfa-group, chief-financial-officer
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, dell, turkcell, alfa-group, 3-mobile
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