Rostelecom pushes ahead with mobile spinoff plan
Russia’s Rostelecom will offer to buy out minority shareholders who oppose its plan to spin off its mobile assets in ...
Tag: MegaFon
Banks to control Tele2 Russia-Rostelecom JV – report
Russia’s VTB bank and businessman Yury Kovalchuk, chair and part owner of Bank Rossiya, will reportedly have a controlling stake ...
VTB closes Tele2 Russia stake sale
Russia’s VTB banking group has completed the sale of a 50% stake in Tele2 Russia to a group of strategic ...
ER Telecom/Akado deal increasingly unlikely – report
Russian cableco ER Telecom’s proposed takeover of smaller rival Akado may not go ahead following objections from Moscow city authorities. ...
VTB sells half of Tele2 Russia to local investors
Russia’s VTB Bank has agreed to sell 50% of Tele2 Russia to a trio of local investors, according to the deputy chairman ...
DB, Russian fund buy into Rostelecom for US$237m
Deutsche Bank (DB) and the Russian Direct Investment Fund (RDIF) are jointly investing Rbs7.7bn (US$237m) in Russian state-controlled Rostelecom. The ...
VTB wants control of potential Tele2 Russia-Rostelecom tie-up
Russia’s VTB banking group is likely to want to retain control of mobile operator Tele2 Russia in any joint venture ...
Usmanov gets greater control over MegaFon
Oligarch Alisher Usmanov has boosted his stake in the holding company that controls Russian mobile operator MegaFon from 82% to 95.5%. ...
Bank Rossiya reps seek approval to buy Tele2 Russia
Two representatives of St Petersburg-based Bank Rossiya have reportedly filed an application with Russia’s antitrust regulator for clearance to acquire 50% ...
MegaFon closes Scartel acquisition
MegaFon, Russia’s second-largest wireless operator, has completed the purchase of smaller player Scartel (Yota) for US$1.18bn plus debt of US$566m. Completion ...
