Turkcell frees US$251m of Cukurova assets
Turkish mobile operator Turkcell has freed TL450m (US$251m) of seized assets, rights and receivables belonging to stakeholder Cukurova Holding following ...
Tag: Altimo
Usmanov rumoured to consider swapping Megafon shares for stake in Yota
Russian businessman Alisher Usmanov is reportedly interested in trading some of his shares in Megafon – Russia’s second largest mobile ...
Telenor further increases Vimpelcom stake
Norwegian telco Telenor has upped its stake in VimpelCom via a US$715m deal with JP Morgan Securities. Telenor said in ...
Usmanov may pay US$5bn for controlling stake in MegaFon – report
Russian businessman Alisher Usmanov reportedly may pay about US$5bn for fellow billionaire Mikhail Fridman’s 25.1% stake in local mobile operator ...
Cukurova freed from paying US$1.4bn in escrow account
In the ongoing Turkcell ownership dispute, Cukurova has succeeded in its appeal against a court ruling ordering Cukurova to pay ...
Bidding for Vivacom gains traction
Three bidders have reportedly submitted binding offers for Bulgarian telecoms operator Vivacom, with Turkcell also interested. Bulgaria’s Corporate Commercial Bank ...
Turkcell owner to pay US$1.4bn or risk losing stake – report
Turkish investment firm Cukurova Holding could reportedly lose control over Turkcell if it fails to repay about US$1.4bn of debt ...
Telenor boosts stake in Vimpelcom, settles arbitration claim with Altimo
Norwegian incumbent Telenor has bought 234 million Vimpelcom preferred shares from Weather Investments II for US$374.4m, thereby increasing its voting ...
VimpelCom shareholder sells key 6% stake
VimpelCom shareholder Oleg Kiselev has sold his 6% stake – translating to 28.5% of the Russian company’s preferred shares – ...
Telenor CEO joins Vimpelcom board
Jon Fredrik Baksaas, President and CEO of Telenor Group, will join the supervisory board of Vimpelcom with immediate effect, the ...
