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Articles tagged with: Vimpelcom and Kyivstar
Fitch Affirms Telenor's IDR at 'BBB+'; Negative Outlook
Fitch Ratings has today affirmed the Norwegian incumbent telecoms operator Telenor's Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB+' and affirmed the Short-term IDR at 'F2'. The Outlook is Negative. more
Related Tags: fitch-ratings, telenor, alfa-group, unitech-wireless, partner, fitch, Norway
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: telenor, farimex, vimplecom, beeline-, altimo, storm, Ukraine
Moscow Court Delays VimpelCom-Telenor Legal Decision
Moscow's Arbitration Court has announced a delay to its ruling on whether to block the seizure of Telenor's 29.9% stake in Russian telecoms operator, vimpelcom. The hearing is now due on 30th April, and for the first time, the judge has required that vimpelcom send representatives to the court. more
Related Tags: , eu, tim, alfa, telenor, moscow, farimex, Russia
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, moscow, turkcell, alfa-group, farimex, altimo, storm, new-york, Russia
Telenor Ratings Downgraded to Negative Outlook on Indian Financing Woes
Fitch Ratings has revised Norway-based telecommunications provider Telenor's Outlook to Negative from Stable. At the same time the agency has affirmed Telenor's Long-term Issuer Default (IDR) and senior unsecured rating at 'BBB+' and affirmed the Short-term IDR at 'F2'. more
Related Tags: arpu, fitch-ratings, capex, alfa, telenor, alfa-group, fitch, Norway
Telenor and Alfa Group Nearing a Solution to their Long-Running Disputes
Norway's Telenor and Russia's Alfa Group are reported to be close to agreeing an asset swap which will finally conclude their long running legal and commercial battles. According to The Moscow Times, Alfa will hand over its entire 43.5 percent stake in Ukraine's Kyivstar to Telenor - in exchange for twelve percent of the voting shares in Russian operator, Vimplecom. more
Related Tags: alfa, telenor, moscow, vimplecom, alfa-group, Russia
Telenor Invites Altimo To Make Peace Over Ukraine Assets
MOSCOW -(Dow Jones)- Norway's Telenor hopes that its move to resolve a dispute at Russian mobile phone operator vimpelcom will help settle a similar dispute with estranged business partner Altimo at their Kyivstar joint venture, a Telenor spokeswoman said Wednesday. more
Related Tags: alfa, telenor, altimo, new-york, Ukraine
Telenor Claims Alfa Used Smear Campaign In Kyivstar Dispute
MOSCOW -(Dow Jones)- Norwegian telecommunications company Telenor, Tuesday said it has asked a New York Court to hold subsidiaries of Russia's Alfa Group in contempt for trying to derail the arbitration of their dispute over a Ukrainian mobile phone network operator. more
Related Tags: alfa, telenor, alfa-group, supreme-court, altimo
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, moscow, oslo, altimo
Telenor is in the process of transforming itself into one of the giants of the mobile industry. It's third quarter results show another strong operating performance and this has led to an even stronger rise in profitability. Specifically, revenues rose 5.7% quarter on quarter and by a massive 35% year on year. When combined with improved margins at both the EBITDA and Operating Profit levels, the result is a 4% rise in operating cash flow, quarter on quarter, and a 23% increase in operating profit. more
Related Tags: pannon, dtac, telenor, promonte