Articles tagged with: Vimplecom
Russian Networks Fined in iPhone Price Fixing Allegations
Two of Russia's mobile networks have been fined after they were found guilty of colluding in setting the retail price of Apple's iPhone 4 when it was launched in late 2010. more
Related Tags: vinaphone, Vietnam
VimpleCom Quarterly Profits Drop on Tax Charges
Russia's vimplecom has announced that its first-quarter revenues rose by 3 percent to reach US$5.62 billion on a pro-forma basis. They actually more than doubled, but that was due to the inclusion of Orasom Telecom assets. more
Related Tags: Russia
Orascom Telecom Algerie Hit with $1.3 Billion Fine
An Algerian Court has issued a fine of US$1.3 billion against Orascom Telecom Algerie (OTA) as the result of a long running dispute between the company and the government. more
Related Tags: orascom-telecom-algerie
Alfa and Telenor to Maintain Agreement - For Now
Russia's Alfa Group and Norway's Telenor have agreed to maintain their shareholder pact as it stands until after an arbitration panel have issued a ruling on whether the plans to scrap it are legal. more
Related Tags: alfa-group, telenor, Russia
Russian Networks Plan Joint LTE Network Deployment
Two of Russia's largest mobile networks are reported to have agreed to jointly build a nationwide LTE network, in a move that seems to break from the previously announced LTE network deal with Russian WiMAX-to-LTE operator, Yota. more
Related Tags: mts, yota, lte, Russia
Vimplecom Revenues Jump, but Profits Miss Forecasts
Russia's vimplecom has reported a more than doubling of its second quarter revenues to US$5.5 billion, although that is boosted by its takeover of Orascom Telecom's assets. One a like-for-like basis, revenues rose by 9%. more
Related Tags: jo-lunder, jo-lunder, wind-telecom, Russia
Altimo Sells Vimplecom Shares - Triggering Break Clause in Telenor Agreement
Russia's Altimo is to sell a 6 percent stake in Vimpelcom to Russian businessman Oleg Kiselev for US$100 million in a move that coincidentally breaks a shareholder agreement with Telenor and enables Wind Telecom directors to sit on the board. more
Related Tags: altimo, telenor, wind-telecom, Russia
Wind Telecom's Debt Ratings Upgraded Following Sale to Vimplecom
Fitch Ratings has upgraded Wind Telecomunicazioni's debt ratings following its purchase by Russia's vimplecom. Fitch noted that the Russian company has a notably stronger credit profile than Wind, and is likely to treat this subsidiary as a strategic investment diversifying the group from over-reliance on high growth and also volatile emerging markets. Vimpelcom will likely seek to improve access to Wind's cash flows and reduce interest payments across the group. Both of these goals would require meaningful deleveraging at the Wind level. more
Related Tags: wind-telecomunicazioni
Orascom Doubts Vimpelcom Can Resolve Algerian Dispute
The Chairman of Egypt's Orascom Telecom has expressed doubts about Vimpelcom's chances in settling the ongoing and lengthy dispute over Orascom's Algerian subsidiary with the Algerian government. more
Related Tags: orascom-telecom, djezzy, Algeria
Russia May Investigate Operator Roaming Fees
Russia's Federal Anti-monopoly Service (FAS) has announced that it is considering setting up a formal investigation into the roaming fees charged by the country's big-three mobile networks. more
Related Tags: federal-anti-monopoly-service, fas, roaming, megafon, mts, Russia
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