Articles tagged with: Moscow and Altimo

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, turkcell, alfa-group, vimpelcom, farimex, kyivstar, storm, new-york, Russia

Telenor Dismisses Altimo Letter,Wants Sign Of Good Faith"

STOCKHOLM -(Dow Jones)- Norwegian telecommunications operator Telenor wants Altimo, a Russian telecom holding company, to show signs of good faith before serious talks on a separation agreement between the two parties over jointly-owned assets can be negotiated, said a Telenor spokesman Friday.  more

Related Tags: alfa, telenor, vimpelcom, kyivstar, oslo

Telenor: Prefers VimpelCom, Kyivstar Merger To Asset Swap"

moscow -(Dow Jones)- Norwegian telecommunications operator Telenor said Tuesday that it would prefer to merge assets that it co-owns with Russia's Altimo rather than swap stakes and remain sole owner of just one operator.  more

Related Tags: alfa, telenor, vimpelcom, kyivstar

FOCUS: Russian operators find expansion success in CIS

moscow, July 24 (Prime-Tass) -- Nearly five years have passed since Russian mobile operators began to expand beyond the domestic market and operators have made great strides in the countries of the Commonwealth of Independent States (CIS). In the meantime they all failed to have made any non-CIS acquisitions. more

Related Tags: etisalat, megafon, teliasonera, alfa, sistema, mts, comstar, turkcell, gsm-license, tele2, ote, fintur-holdings, emirates