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Altimo acquires majority holding in Vimpelcom
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Russia
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- November 2 2012
Vimpelcom, the third largest wireless operator in Russia, gained a new majority owner on Tuesday as local investment firm Altimo purchased a sufficient number of shares to raise its holding to a majority voting stake of 47.85
Russian mobile operator plans large IPO
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Russia
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- September 7 2012
Russian wireless carrier Megafon confirmed plans on Tuesday to launch an initial public offering (IPO) of 20 of its shares that is expected to rank as the world’s largest IPO since the Facebook flotation in May
Russian wireless operators agree to share 4G network
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Russia
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- March 11 2011
Four of Russia's top telecom providers have joined forces with Yota, a wireless broadband start-up firm, in agreeing to share a nationwide wireless broadband network that will span 180 cities throughout the country
Shareholder files suit to block MegaFon deal
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Russia
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- April 9 2010
Plans by TeliaSonera of Finland and Russia's Alfa Group to pool their respective stakes in MegaFon hit a potential roadblock, as Russian tycoon Alisher Usmanov - a 31 shareholder in MegaFon through his vehicle, Telekominvest - asked a Moscow arbitration court this week to block the deal
Telenor shares in Vimpelcom to be auctioned
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Russia
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- June 12 2009
In a development condemned by officials of Telenor as “outrageous,” Russian bailiffs said Monday that they had prepared documents to auction Telenor’s stake in Russian mobile phone carrier Vimpelcom to enforce a US $1.72 billion damage award ordered earlier this year by a Siberian court in a long-running legal dispute pitting Telenor against the Alfa Group
Court orders seizure of Telenor stake in Vimpelcom
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Russia
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- March 20 2009
Telenor’s ongoing legal battle with Russia’s Alfa Group took a dramatic turn this week, as a Siberian court froze Telenor’s stake in Russian wireless operator Vimpelcom after the Norwegian carrier refused to pay a US $1.7 billion claim that was ordered by the same court last month
Current Search
- Workarea - Telecommunications
- Author - Patrick S. Campbell
- Jurisdiction - Russia