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Articles tagged with: Bitel and Mts
Russia's MTS Served with Legal Papers Over Kyrgyzstan Dispute
Russia's Mobile TeleSystems (MTS) says that it has been served with legal action over a long-running dispute concerning its ownership of a mobile network in Kyrgyzstan. more
MTS Wins Appeal Over Legal Dispute in Kyrgyzstan
Russia's MTS says that it has been granted leave to file a legal action in the Isle of Man over its complex dispute over the ownership of a mobile network in Kyrgyzstan. The Judicial Committee of the UK Privy Council, the highest Court of Appeal for the Isle of Man ruled in favour of three companies incorporated in the Isle of Man (the KFG Companies), which are owned by MTS. more
Related Tags: rezervspetsmet, altimo, sky-mobile, nomihold-securities, tarino, court, Kyrgyzstan
Russia's MTS Loses Appeal Over Kyrgyzstan Dispute
Russia's Mobile TeleSystems (MTS) has announced that it has lost the appeal over a disputed commercial agreement it had entered into with Nomihold Securities over a stake in a Kyrgyzstan mobile network. more
Related Tags: nomihold-securities, tarino, altimo, court, Kyrgyzstan
MTS Ordered to Buy Outstanding Stake in an Kyrgyzstan Holding Company
Russia's MTS has announced that the London Court of International Arbitration
(LCIA) has ordered the company to buy the 49% of the holding company, Tarino Limited that it
does not already own. The stake is currently held by Nomihold Securities who
claimed a put-option forcing MTS to buy its stake.
more
Related Tags: rezervspetsmet, altimo, sky-mobile, option, court, nomihold-securities, tarino, Russia
MTS Wins Appeal Over Seizure of Kyrgyz Network Assets
Russia's Mobile TeleSystems (MTS) has announced that it has successfully appealed the decision of an Isle of Man court to decline jurisdiction over their claim for the unlawful seizure of Kyrgyz mobile operator, bitel. Almost exactly a year ago, the court declined to hear the case, and MTS launched its appeal. more
Related Tags: london, mobile-telesystems, altimo, court-of-justice, court, Kyrgyzstan
Russia's MTS writes off $150 mln paid for Bitel stake
MOSCOW, Mar 7 (Prime-Tass) -- Russian mobile operator Mobile TeleSystems (MTS) has written off the US$150 million it paid for a 51% stake in Kyrgyz mobile operator bitel, MTS said Wednesday. more
Related Tags: alfa, mobile-telesystems, court-of-justice, lawsuit, rezervspetsmet
Russia's MTS sued over 49% stake in Kyrgyz operator
MOSCOW, Jan 19 (Prime-Tass) -- The owner of a 49% stake in Kyrgyz mobile operator bitel has taken legal action to force a unit of Russia?s largest mobile operator Mobile TeleSystems (MTS) to buy the stake in the Kyrgyz operator, MTS said in a statement obtained by Prime-Tass Friday. more
Related Tags: mobile-telesystems, altimo, tarino
Kyrgyz court voids Bitel's $25 mln dividends to MTS subsidiaries
MOSCOW, Dec 4 (Prime-Tass) -- An arbitration court in Kyrgyzstan ruled on December 1 that three subsidiaries of Russia's largest mobile operator Mobile TeleSystems (MTS) illegally received about US$25 million in dividends from Kyrgyz mobile operator bitel, the Kyrgyz mobile operator said in a press release Monday. more
Related Tags: mobile-telesystems, rezervspetsmet
MTS may have to pay $170 mln for remaining 49% in Bitel
MOSCOW, Nov 28 (Prime-Tass) -- A unit of Kazakhstan's Alliance Capital, Nomihold Securities, wants to execute a put option, under which MTS will have to pay US$170 million for the remaining 49% stake in Tarino Limited, which fully controlled Kyrgyz mobile operator bitel, MTS said in a press release obtained by Prime-Tass Tuesday. more
Related Tags: sistema, altimo, tarino
Kyrgyzstan's Bitel accuses MTS of falsifying docs
MOSCOW, Nov 23 (Prime-Tass) -- Kyrgyz mobile operator bitel has accused a subsidiary of Russia's largest mobile operator Mobile TeleSystems (MTS) of falsifying documents, bitel said in a press release, Vedomosti business daily reported Thursday. more
Related Tags: mobile-telesystems, altimo, rezervspetsmet
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