Business Services Industry
RUSSIA: VIMPELCOM TO TEAM UP WITH TELENOR.(Alfa-Group)(Brief Article)
IPR Strategic Business Information Database, November, 2002
Norwegian telecommunications group Telenor announced on 12 November that it will join with VimpelCom and Alfa-Group to invest a total of $175.44 million in VimpelCom-Region, Telecomworldwire reported on 13 November. Each party will sink $58.48 million into the regional operator, leaving VimpelCom with a 65 percent stake and Telenor and Alfa-Group with 17.5 percent stakes.
Alfa-Group is to invest an additional $58.52 million next November, bringing its stake to 30 percent and reducing VimpelCom's stake to 55 percent and Telenor's to 15 percent. Telenor holds a 29 percent stake in VimpelCom itself, which has more than 4 million subscribers. Deutsche Bank analyst Yulii Matevosov told "Vedomosti" on 13 November that the move comes at the right time for VimpelCom,...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
