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Telenor and Altimo set plans for VimpelCom

30 November 2009

Norway’s Telenor and Russia’s Altimo have put a new management team into their united VimpelCom group, and plan to expand operations in Europe, Asia and Africa

Read more: [VimpelCom] [Telenor] [Altimo] [TeliaSonera] [Alfa] [MegaFon] [Russia]

Comment: When peace breaks out between shareholders, then companies can focus on investment and development strategy. A few weeks ago Telenor’s Scandinavian rival, TeliaSonera, ended a similar dispute with the related Russian company Alfa group, involving Turkcell and Russian operator MegaFon. Now VimpelCom is set to explore international opportunities before it’s too late.

The two owners of VimpelCom have charged...






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