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Articles tagged with: Telenor and Orascom Telecom
VimpelCom Shareholders Approve Merger with Wind Telecom
Russia's VimpelCom has announced that its shareholders approved the previously announced combination of VimpelCom and Wind Telecom, although telenor is still objecting to the merger of the two companies. more
Related Tags: vimpelcom, weather-investments, wind-telecom, Russia
Telenor Fails to Block VimpelCom Vote on Egyptian Merger
telenor has lost an attempt to block a shareholders meeting that is due to vote of VimpelCom's merger with Egypt's Weather Investments, but won some important concessions. telenor, which holds a % stake in VimpelCom has opposed the merger and said that it breaches a shareholder-pact with the company that had settled a previous long-running dispute. more
Related Tags: vimpelcom, weather-investments, court, court, telecom, telecom, Russia
Telenor Calls for Arbitration over VimpelCom/Weather Deal
VimpelCom has received a notice from its shareholder, telenor that it plans to enforce an arbitration clause in their shareholder agreement to investigate VimpelCom's purchase of Egypt based Weather Investments. telenor objects to the transaction, and also objects to VimpelCom's declaration that it is a "Related M&A Transaction" which required its support for the company to carry out the purchase. more
Related Tags: vimpelcom, weather-investments, telecom, Russia
VimpelCom Amends Merger Agreement with Wind Telecom
Russia's VimpelCom has announced an amended agreement to buy Wind Telecom (formerly Weather Investments) from Egypt's Naguib Sawiris. The agreement was approved by six of VimpelCom's nine directors, with the three telenor-nominated directors voting against, as they had previously said they would. more
Related Tags: vimpelcom, weather-investments, telecom, wind-telecom, Russia
VimpelCom Approves a Revised Merger with Weather Investments
VimpelCom's Board of Directors has approved the proposed merger of VimpelCom and Egypt based Weather Investments but added that it did not take a decision on certain shareholder-related issues. As expected, six of of the nine directors, including all three independent directors and the three Altimo-nominated directors, voted in favor of the Transaction, with the telenor-nominated directors voting against the Transaction. more
Related Tags: vimpelcom, weather-investments
Telenor to Oppose VimpelCom/Weather Merger
VimpelCom has issued a statement announcing that telenor, which holds a 36% voting stake in the company will be opposing its bid to buy Egypt's Weather Investments. The company did not give a reason for the disagreement. more
Related Tags: vimpelcom, weather-investments, telecom, Russia
PTA Pakistan September 2006 Customer Numbers
Another 2.33m net new mobile customers joined the fast expanding ranks in Pakistan in the month of September, taking the country's total subscriber base to over 41.5m. With average monthly net additions for the 12 months to 30th September 2006 standing at 2.05m, customer base growth for year amounted to 145.4%, down from 167.5% for the year to 30th June. more
Related Tags: warid-telecom, pakistan-telecommunications-authority, pakistan-telecom
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