Ursula Burns to chair Veon amid digital transformation | Executive Moves
Veon has named Ursula Burns to replace long-serving chair Alexey Reznikovich as the Russia-focused telco reinvents itself to become a global online services ...
Tag: LetterOne
Telia sells a 7% stake in Turkcell as it takes further steps to exit Eurasia
Telia has placed close to 7% of its Turkcell holdings on the market to fetch some TL1.775bn (US$500m) as it continues ...
Why telecoms deals fail: regulation tops the 2016 risk list
Regulators internationally have dealt multiple blows to telecoms deals this year in continued demonstrations of national protectionism and an increased ...
Çukurova: LetterOne violating London arbitration on Turkcell stake sale
Turkish conglomerate Çukurova is accusing rival Turkcell shareholder LetterOne (L1) of violating a court ruling by not buying out its ...
VTB to invest in Turkcell alongside Alfa Group ahead of potential resolution to shareholder dispute
Russia’s VTB Group has inked an agreement with local billionaire Mikhail Fridman’s Alfa Group to jointly invest in Turkcell with a view ...
VimpelCom owner L1 takes stake in cloud business to boost internet strategy
Russian billionaire Mikhail Fridman’s investment business LetterOne (L1) has made a strategic investment for an undisclosed sum in Qvantel, a Finnish cloud-based mobile ...
Telenor selling 8.1% stake in VimpelCom to fund Asian expansion
Norwegian Telenor Group has announced it is selling 24.5% of the 580 million American depositary shares it holds in VimpelCom, equivalent to 8.1% of ...
L1 invests US$50m in WiFi-based carrier FreedomPop to fund expansion plans
Russian billionaire Mikhail Fridman’s investment business LetterOne (L1) has revealed it has injected US$50m into FreedomPop as the US wireless internet mobile service provider ...
L1 claims victory in London tribunal over Turkcell dispute
A London arbitration tribunal has ruled in favour of Russian billionaire Mikhail Fridman’s investment business LetterOne (L1), saying it was ...
Oi shareholder calls for EGM to assess financial issues, dismiss board members
Nelson Tanure’s Bridge Administradora de Recursos, an investor in heavily indebted Brazilian telco Oi, has called for a shareholders’ meeting ...
