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Articles tagged with: Sonera and Alfa

Turkcell to Start Mobile Wallet Trials - Chairman Worried About Shareholding

Turkey's Turkcell is planning to launch a Mobile Wallet service before the end of next year, said Altuğ Acar, Turkcell's head of business development.  more

Related Tags: turkcell, cukurova, smart, smart-card


Cukurova Sells Turkcell Stake to Repay Debts

Turkey's Cukurova has sold a 4.1 percent stake in Tueky's Turkcell for US$772 million in order to fund the repayment of debts. Teliasonera, which is a major shareholder in Turkcell is understood to have offered to buy the shares, but has not currently been allocated any. The purchase would move Teliasonera closer to its long held goal of taking control of Turkey's largest mobile operator.  more

Related Tags: teliasonera, turkcell, cukurova, Turkey


IPOC drops court claim for stake in Russia's MegaFon

MOSCOW, Mar 2 (Prime-Tass) -- Bermuda Islands-registered IPOC International Growth Fund has dropped its court claim for a 25.1% stake in Russia's third largest mobile operator MegaFon, a spokeswoman with the fund said, Kommersant business daily reported Friday. more

Related Tags: megafon, alfa-group


Turkey's Cukurova to get $592 mln from sale of Turkcell stake

MOSCOW, Nov 17 (Prime-Tass) -- Turkey's Cukurova Group is selling a 5.88% stake in Turkey's largest mobile operator Turkcell for about US$4.6 a share, or approximately US$592 million for the entire stake, Turkey's IHA news agency reported Friday citing TV channel CNBC Turkey. more

Related Tags: teliasonera, turkcell, alfa-group, cukurova


Cukurova puts 6% stake in Turkcell up for auction to pay debt to Alfa

MOSCOW, Nov 9 (Prime-Tass) -- Turkey's Cukurova Group has announced a public offer of a 5.88% stake in Turkey's largest mobile operator Turkcell to get funds to pay off part of its debt to Russia's Alfa Group, Cukurova Group said in a statement Thursday. more

Related Tags: teliasonera, turkcell, alfa-group, cukurova


Russia Issues International Arrest Warrent for American over Megafon Fraud

MOSCOW, Oct 11 (Prime-Tass) -- The Moscow Prosecutor's Office has put a US national of Russian decent on an international wanted list for allegedly stealing about US$40 million intended to pay for a stake in Russia's third largest mobile operator MegaFon, RIA Novosti news agency reported Wednesday. more

Related Tags: megafon, moscow, alfa-group


PRESS: Russia's MegaFon Loses Another Independent Director

MOSCOW, Sep 18 (Prime-Tass) -- An independent director on the board of Russia?s third largest mobile operator MegaFon, Douglas Rediker, is leaving the company, Danish lawyer Jeffrey Galmond said, Vedomosti business daily reported Monday. more

Related Tags: megafon, alfa-group, lawyer


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