Telenor’s withdrawal from VimpelCom resolves board issues – Mikhail Fridman
Russian billionaire Mikhail Fridman, whose LetterOne Holdings is the largest shareholder in VimpelCom, has said he is pleased Telenor has started ...
Tag: Telenor
Beeline Uzbekistan poaches new CFO Sergei Cherepnin from Nokia, Beeline Russia CFO Nikolay Ivanov resigns
VimpelCom’s Uzbek subsidiary Unitel has named Sergei Cherepnin (pictured) as its new CFO. He replaces Roman Barannikov, who was appointed CFO in December 2014 and has left ...
Ooredoo denies Indosat sale
Qatari incumbent Ooredoo is not selling Indonesian telecoms and satellite operator Indosat Ooredoo, the company said in a statement. The announcement follows Bloomberg’s report ...
Saudi Telecom considers exiting Maxis
Incumbent Saudi Telecom (STC) is reportedly looking at its options for its indirect stake in Malaysia’s Maxis Communications. Saudi Arabia’s largest telco is considering selling its ...
Telenor sells VimpelCom ADSs at US$3.50 apiece, prices US$1bn 3-year bond
Norwegian Telenor Group is selling 142.5 million American depositary shares (ADSs) it holds in VimpelCom at US$3.50 per share. The telco is also pricing a US$1bn ...
Apollo may increase bid for TDC after initial rejection
US private equity firm Apollo Global Management is reportedly considering a bigger offer for Danish incumbent TDC after its initial bid got rejected in July. Apollo is ...
Telenor weighing options over Digi stake as it looks to broaden Asian portfolio
Telenor Group is reportedly looking at options for its Malaysian telco Digi, which is dealing with aggressive domestic competition. The Norwegian company is exploring ...
US, Dutch authorities propose Telia pays US$1.4bn fine in Uzbek settlement
Swedish telco Telia has announced it has received a proposed settlement of US$1.4bn from US and Dutch authorities in relation to alleged bribery in ...
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 ...
Beeline CEO Mikhail Slobodin resigns in wake of corruption probe at previous employer
VimpelCom has accepted the resignation of the CEO of its Russian mobile unit Beeline, with immediate effect “following today’s news regarding Mikhail ...
