Articles tagged with: Vimplecom and Altimo

Russian Bailiff Defers Sale on VimpleCom Sales

Russia's bailiff has reportedly delayed the sale of Telenor's shares in vimplecom for an unspecified period. Citing a press conference, the Norwegian business daily Dagens Naeringsliv said that Artur Parfyonchikov, head for the bailiff's office in Moscow needed more time to study the court documents which lead to the shares being seized originally.  more

Related Tags: telenor, three, Russia

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: telenor, farimex, kyivstar, beeline-, partner, storm, 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: telenor, farimex, kyivstar, beeline-, vimpelcom, storm, Ukraine

Russia's Altimo Denies Reports of Selling Vimplecom Stake

Russia's Altimo Group has rejected local media reports and denied that it would have to sell part of its stake in Russian mobile operator, vimplecom in order to meet its banking obligations. Several Russian Oligarchs have been forced to sell some of their assets in recent weeks as the stock market value of the assets fell below levels accepted as security for bank loans.  more

Related Tags: edge, vimpelcom, 3, Russia