Articles tagged with: Farimex and Kyivstar

Vimpelcom and Kyivstar Reported to be in Merger Talks

The long-running feud between Telenor and Russia's Alfa Group may be nearing a conclusion after it was reported that the two companies are again considering merging VimpelCom and Ukraine's Kyivstar. Two executives close to the companies told Vedomosti that the deal envisions Alfa's telecoms arm, Altimo and Telenor each receiving a 40 percent stake of the merged company, with the additional shares going to various VimpelCom minority shareholders  more

Related Tags: telenor, vimplecom, beeline-, partner, altimo, storm, Ukraine

Farimex Launches Attack Against Telenor in Ukraine

According to a statement from Telenor, farimex, reputed to be attacking Telenor's investments in the Russian mobile operator VimpelCom, is also behind an investigation launched by the Anti-Monopoly Committee of Ukraine (AMC) against Telenor and Kyivstar. Telenor says that it was officially notified of the commenced investigation earlier this month.  more

Related Tags: telenor, vimplecom, beeline-, vimpelcom, altimo, storm, Ukraine

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, alfa, telenor, moscow, vimpelcom, 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, altimo, storm, new-york, Russia