M&A

DST backer cautious about investing in Internet companies as prices may have peaked

April 18, 2011 April 18, 2011

Prominent Russian businessman Alisher Usmanov told Bloomberg that his $500 million acquisition of a 5% stake in Chinese Web retailer 360buy.com in March may have been his last big direct Web investment for some time. In a phone interview with the financial news agency last Friday, Usmanov said, “Investments in Internet companies start to bring …

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VimpelCom and Wind Telecom combine to create new global telecom group

April 15, 2011 April 15, 2011

Amsterdam and New York – VimpelCom Ltd. and WIND Telecom S.p.A., leading international providers of telecommunications services, are pleased to announce the closing of the transaction that combines the two entities to create a new global telecom group.

Dutch fund buys leading digital TV equipment distributor

April 11, 2011 April 11, 2011

First Satellite Company, Russia’s leading distributor and retailer of digital TV equipment, announced last week that it has been acquired by Dutch fund Enterprise Emerging Markets Fund B.V.

MTS to buy Tatarstan TV and radio company for $180 million

April 11, 2011 April 11, 2011

MTS, a leading Russian mobile operator, intends to purchase Republic of Tatarstan TV and Radio Company TVT (TRC TVT) for $180 million, Kommersant reports. TRC TVT, the largest cable TV operator in Tatarstan, is currently 100% owned by TAIF group. It provides services in 15 municipalities and covers over 650,000 households.

MTS buys broadband operator in Altai for $19.2 million

April 5, 2011 April 5, 2011

MTS, a leading Russian mobile operator, has acquired full ownership of Inteleca, an alternative operator providing broadband Internet and cable TV services in Barnaul and Biysk in the Altai region. The sale of the company came to $19.2 million, according to MTS.

Best Way To Get Ex Boyfriend Back

April 4, 2011 April 4, 2011

VimpelCom CEO Alexander Izosimov announced last we Best Way To Get Ex Boyfriend Back ek that operations in Vietnam would resume in the forthcoming months. VimpelCom, a leading Russian mobile operator, agreed in 2008 to create a joint venture with Vietnamese state corporation Global Telecommunications Corporation (GTel) and its subsidiary GTel TSC.

Mostelecom switches to digital TV; owner Svyazinvest positioned as market leader

April 4, 2011 April 4, 2011

Moscow cable operator Mostelecom, a subsidiary of National Telecommunications (NTC), is progressively transferring its subscribers from analog to digital TV, as reported recently by TeleSputnik.ru.

Rostelecom completes large scale reorganization and merger process

April 1, 2011 April 1, 2011

Moscow, Russia – Rostelecom (RTS, MICEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that OJSC CentreTelecom, OJSC SibirTelecom, OJSC Dalsvyaz, OJSC Uralsvyazinform, OJSC VolgaTelecom, OJSC North-West Telecom, OJSC Southern Telecommunications Company and OJSC Dagsvyazinform (“the merged companies”) have today been excluded from the Unified State Register of Legal Entities following their merger …

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VimpelCom last in the running for NTC acquisition

March 24, 2011 March 24, 2011

FAS, the Russian anti-monopoly authority, rejected the bids of MTS and MegaFon, two leading Russian mobile operators, to acquire New Telephone Company (NTC), a major mobile, fixed and IP telephony and internet operator based in Vladivostok. As a consequence, VimpelCom, another leading Russian operator, is the only bidder left in the running.

VimpelCom shareholders approve combination with Wind Telecom

March 17, 2011 October 1, 2024

Amsterdam and New York – VimpelCom Ltd. announced today that the Company’s shareholders approved all of the items on the agenda at today’s Special General Meeting, paving the way to complete the combination of VimpelCom and Wind Telecom S.p.A.

60.46% shares in BETO auctioned at min. $13.7 million

March 10, 2011 March 10, 2011

Authorities in the Republic of Bashkortostan have announced an open auction to sell 60.46% shares in Ufa-based telecommunications systems manufacturer BETO at starting price of $13.7 million. The participants bids are accepted before April 4, and the auction is scheduled to be held on April 8, 2011.

Integration into Mail.ru Group “utopian,” says Vkontakte

March 4, 2011 March 4, 2011

“We rule out, and consider to be utopian, a full integration of Vkontakte into Mail.ru Group,” said Pavel Durov in an open letter published yesterday. Durov, Vkontakte.ru’s general manager and main shareholder, denied holding any discussions about an increase of the Mail.ru Group stake in Vkontakte.ru, Russia’s leading social network.

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