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Articles tagged with: Teliasonera and Altimo
Megafon and Turkcell to be Merged into Single Holding Company
There is to be further tidying up of the often complex Russian-Nordic telecoms investments, after teliasonera and Altimo agreed to merge their respective direct and indirect interests in Turkcell and Megafon, into a new company. The new company will be established in a western jurisdiction and listed on the New York Stock Exchange. more
Related Tags: turkcell, megafon, new-york, Russia
Court Orders Sale of Turkcell Stake to TeliaSonera for $3.1 Billion
teliasonera has won a legal ruling forcing Turkish holding company, Cukurova to sell its stake in Turkcell Holding to teliasonera for a cash consideration of US$3.1 billion. teliasonera says that it now intends to enforce the award against Cukurova in Turkey. If the shares are not delivered, teliasonera will demand damages from Cukurova in the amount of US$1.8 billion, which is the value for teliasonera of a lost transaction as determined by the arbitration tribunal. more
Related Tags: cukurova, turkcell, Turkey
Russia's Altimo Expresses Interest in Nigerian Network Operator
Russia's Altimo is reported to be interested in taking a stake in Nigerian operator, M-Tel/NITEL. Altimo's Chief Executive Officer, Mr Alexey Kousmichoff is currently on a visit to Nigeria's Vice-President. Vice President, Goodluck Ebele Jonathan, yesterday assured Nigerians of Federal Government's determination to ensure that the interest of Nigerians is protected in the privatisation of M-tel/NITEL. more
Related Tags: alfa, telenor, vimpelcom, nitel, Nigeria
Altimo CEO Won't Stand in Way of Megafon IPO
Russian investment company Altimo won't stand in the way if mobile operator Megafon decides to launch an initial public offering in 2009, said Altimo Chief Executive Alexey Reznikovich. more
Related Tags: megafon, alfa, telenor, ipo, vimpelcom, vodafone-group, asa, Russia
TeliaSonera Keeping an Eye on Cukurova's Turkcell Stake
STOCKHOLM -(Dow Jones)- Swedish telecommunications operator teliasonera is monitoring developments relating to Turkish holding company Cukurova's stake in mobile operator Turkcell closely, said teliasonera spokesman Ola Kallemur Tuesday. more
Related Tags: megafon, alfa, turkcell, alfa-group, cukurova
Source says Alfa, TeliaSonera talks on asset swap breakdown"
MOSCOW, Mar 30 (Prime-Tass) -- Talks between Altimo, the telecommunications arm of Russian industrial and financial holding Alfa Group, and Finnish-Swedish telecommunications operator teliasonera on a possible asset swap have broken down amid several disagreements, a source close to the negotiations said, Vedomosti business daily reported Friday. more
Related Tags: megafon, alfa, telenor, alfa-group, kyivstar
Regulator seeks Alfa mandatory offer for Turkcell shrs
ISTANBUL, Feb 19 (Dow Jones) -- Turkey's capital markets regulator, the SPK, has called on Russian company Alfa Group to hold a mandatory tender offer to buy out minority shares in Turkcell Iletisim Hizmetleri, the Ihlas News Agency, or IHA, reported Monday. more
Related Tags: megafon, alfa, turkcell, alfa-group, cukurova
Sources say Altimo in talks with TeliaSonera on asset swap
MOSCOW, Feb 14 (Prime-Tass) -- Altimo, the telecommunications arm of Russian industrial and financial holding Alfa Group, has been in talks for several months with Finnish-Swedish telecommunications operator teliasonera on a possible swap of assets, two sources close to the talks said, Vedomosti business daily reported Wednesday. more
Related Tags: megafon, alfa, kyivstar
Alfa's Telecom Unit Sets Up International Board, London HQ"
MOSCOW -(Dow Jones)- Altimo, the company that holds the telecom assets of Russia's Alfa Group, Monday said it has set up an international advisory board and co-located its global headquarters in London as part of the development of its international strategy. more
Related Tags: megafon, alfa, telenor, london, international-trade-commission
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, alfa, sistema, mts, comstar, moscow, turkcell, gsm-license, tele2, ote, fintur-holdings, emirates