OSLO/MOSCOW: Norway's Telenor faces losing its influence over Russian mobile operator Vimpelcom after fellow leading shareholder Altimo said it wants to scrap the company's shareholder agreement.
The 2009 agreement, thrashed out after years (...)
MOSCOW: Vimpelcom is in talks with Algerian officials over the fate of the north African nation's top mobile phone operator Djezzy that Algiers wants to nationalize and the Russian firm wants to control.
Djezzy is the most lucrative asset of (...)
ALGIERS/MOSCOW: Algeria still plans to nationalize Orascom Telecom's local unit, complicating Vimpelcom's $6.6 billion acquisition deal ahead of the Russian president's visit to the country on Wednesday.
Russian billionaire Mikhail Fridman's (...)
MOSCOW: Russian mobile phone operator Vimpelcom is in talks with Egyptian businessman Naguib Sawiris about buying Italy's Wind and 51 percent of Orascom in Egypt, denting the share price.
Shares in the company are down around 10 percent since the (...)
MOSCOW: The head of Vimpelcom confirmed on Thursday that Russia's third-biggest mobile phone operator is talking to Egyptian tycoon Naguib Sawiris about a possible purchase of his Italian and Egyptian telecoms assets.
"Everyone talks to everyone, (...)
LONDON: British luxury car maker Aston Martin is suffering from the economic downturn but is hoping to offset weakness in the UK and United States with bigger sales in emerging markets - with the Middle East a key target.
The company, which is (...)