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Articles tagged with: Altimo and New York
Megafon and Turkcell to be Merged into Single Holding Company
There is to be further tidying up of the often complex Russian-Nordic telecoms investments, after TeliaSonera and altimo agreed to merge their respective direct and indirect interests in Turkcell and Megafon, into a new company. The new company will be established in a western jurisdiction and listed on the New York Stock Exchange. more
Related Tags: teliasonera, turkcell, megafon, georgia, cukurova, virgin, Russia
Telenor and Altimo Settle Dispute - to Merge Ukrainian Assets
Telenor and Russia's altimo have found a route out of their persistent battles over their Russian and Ukrainian assets and have announced plans to common assets in VimpelCom and Kyivstar to create a single company. more
Related Tags: telenor, astilit, kyvistar, three, true, globe, Ukraine
Russian Bailiffs to Sell Telenor's Stake in VimpelCom
Russian bailiffs have passed an order to auction off Telenor's shares in Russian mobile network operator, VimpelCom to cover a disputed US$1.7 billion fine. Responding to the news, Telenor said that it has not received any other information from the Bailiff's office than what has been posted on the Bailiff's home page. more
Related Tags: vimpelcom, telenor, alfa-group, farimex, court, auction, 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, alfa, telenor, moscow, turkcell, alfa-group, vimpelcom, farimex, kyivstar, storm, 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, alfa-group, kyivstar, seven, storm, court
Telenor Takes Action to Stop Russian $3.8 Billion Lawsuit
Telenor says that it has requested the US Federal District Court in New York to stop Farimex from pursuing a lawsuit against Telenor in Khanty-Mansiysk in Russia. On Friday, 20 June, Telenor filed a lawsuit against Alfa Group affiliates Farimex Products, altimo Holdings & Investments and Eco Telecom, requesting the Court to compel Farimex to arbitrate its claim in an arbitration proceeding commenced by Eco Telecom in March 2008. more
Related Tags: alfa, telenor, alfa-group, vimpelcom, farimex, lawsuit, geneva, Russia
Altimo Satisfied With US Ruling on Vimpelcom Share Purchase
STOCKHOLM -(Dow Jones)- altimo Wednesday said it's satisfied with the decision by a U.S. District Court to reject three claims Telenor had filed related to its purchase of Vimpelcom shares. more
Related Tags: telenor, vimpelcom, Russia
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: alfa, telenor, vimpelcom, kyivstar, Ukraine
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