Telenor, seeking an order that would require VimpelCom to issue extra shares in its favor at the same time that it issues shares for Wind, announced yesterday it had petitioned the Commercial Court in London for an injunction that would see those shares placed in escrow until the conclusion of the arbitration proceeding that it …
Telenor seeks injunction to derail VimpelCom acquisition Read More
The 13th annual International Exhibition and Conference CSTB-2011 was held in Moscow from February 1 to 3. The exhibition is dedicated to modern TV and telecommunication technologies formats and trends, including broadband technologies, pay-TV, cable TV, satellite TV, mobile TV, IPTV, HDTV, content, satellite communications, operators’ services in broadband networks and wireless technologies.
The ANN investment company and VimpelCom announced their purchase of the Euroset group, one of the largest commercial cell phone networks in Russia.
Mobile provider MTS has plans to put up $27 million between now and 2013 to expand its Transbaikalia networks, RIA Novosti reports. Under plans, the firm will bring 3G networks to more than 50 localities and 2G networks to 30,000 people in 28 more towns of Transbaikalia
MTS, Vimpelcom, Megafon and Tele2, the four leading mobile operators in Russia, have all made bids for KT Corp’s 80 percent stake in New Telephone Company (NTC), a major mobile, fixed and IP telephony and Internet operator based in Vladivostok, reports Vedomosti, a Russian business daily.
North-Western Telecom has announced an open tender for $500 million worth of four different lines of credit, the firm said.
National telecom operator VimpelCom, working under Beeline brand, has announced a purchase of 100% shares in Yaroslavl telecom SeverTransCom, working under LANK Telecom brand.
MTS, a leading Russian mobile operator, announced the successful test of a section of its DC-HSDPA 3G network in Moscow. Three times faster than conventional HSDPA networks, the DC-HSPDA features the simultaneous use of two carrier frequencies, providing transfer speeds of up to 42 Mbit/s to subscribers.
Telenor, a Norwegian company with mobile operations in countries across Europe and Asia, yesterday commenced arbitration proceedings against VimpelCom, a leading Russian mobile operater in which Telenor owns a 40% stake, and Altimo, a VimpelCom shareholder. Altimo is an invesment company representing Alfa Group, one of Russia’s largest privately owned financial-industrial conglomerates.
The Russian Ministry of Communications and Mass Media has finally made a move on the deployment of LTE technology, a widely accepted pre-4G mobile network standard. A consortium composed of the so-called “big three” leading national mobile operators, MTS, VimpelCom and MegaFon, in cooperation with state fixed-telephony operator Rostelecom, has been requested to investigate all …
Mobile operator consortium to prepare LTE deployment Read More
VimpelCom, a leading Russian mobile operator working under Beeline brand, has announced a purchase of 100% shares of Belgorod region telecom Belgorodskiye Tsifrovye Magistrali (Belgorod Digital Mains) for $14.7 million. Belgorod Digital Mains provide telephone and broadband Internet services under Magistrali Telecom and Belnet brands.
