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Articles tagged with: Storm and Telenor
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: farimex, vimplecom, kyivstar, beeline-, partner, altimo, court, 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: farimex, vimplecom, kyivstar, beeline-, vimpelcom, altimo, court, virgin, amc, amc, Ukraine
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, moscow, turkcell, alfa-group, vimpelcom, farimex, kyivstar, altimo, new-york, court, Russia
Kyivstar Holds First Board Meeting Since 2005
For the first time since 2005, a meeting of shareholders of Ukrainian mobile operator Kyivstar has been held. The meeting amended the company's charter and elected a new Board of Directors. more
Related Tags: alfa, kyivstar, Ukraine
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, turkcell, alfa-group, kyivstar, seven, altimo, new-york, court
Pakistan - New Legislation Hits Growth
..arlier figure of 85k. Fourth-placed Warid also seems to have weathered the storm reasonably well with the market's second-best monthly gain of 213k in September and a quarterly boost of 668k. It finished the quarter with 16.16m customers. The one more
Related Tags: china-mobile, mobilink, Pakistan
Mobile Telecoms Big and Small are Dialing Emerging Markets for Growth
Every day in emerging markets, more and more people are hearing the sound of cell phones ringing. Indeed, as mobile telecommunications markets in Western Europe become more commoditized and subscriber growth slows, established players from there and North America are increasingly moving into emerging markets to maintain their growth momentum. At the same time, local and regional companies are also gearing up, betting that being smaller and nimbler will help them garner market share despite competition from the global telecoms giants. more
Related Tags: sim-card, alfa, telefonica, mts, ran, mobile-telesystems, kyivstar, tax, pension, millicom-international, millicom, churn, taxes, tdma, pace, backup, termination, cloud
Telenor Ups Pressure on Ukraine Operator Dispute
Following the ongoing shareholder dispute at the Ukrainian operator, Kyivstar - Telenor announced yesterday that it will deconsolidate Kyivstar and to present Telenor's interests in the company in one line, as an investment in the 2006 Annual Report. Telenor owns 56.5% of Kyivstar, and will still own the stake - it is just changing how it accounts for the stake in its financial statements. more
Related Tags: alfa, vimplecom, alfa-group, kyivstar, vip
Altimo, Telenor accuse each other of defamation in Ukraine"
MOSCOW, Mar 14 (Prime-Tass) -- Russia's Altimo and Norway's Telenor have accused each other of waging smear campaigns in Ukraine as their protracted legal battle over Ukraine's largest mobile operator Kyivstar drags on, Russian business daily Vedomosti reported Wednesday. more
Related Tags: alfa, kyivstar, altimo, lawsuit
Ukraine's Kyivstar user base up 3.1% in January
KIEV, Feb 6 (Prime-Tass) -- The subscriber base of Ukrainian mobile operator Kyivstar rose 3.1% in January to 22.17 million users as of February 1, a spokesperson with Kyivstar told Prime-Tass Tuesday. more
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