Issue 4269. Last Updated: 11/07/2009

U.S. Court Upholds Alfa Group Fine Ruling

Reuters
A U.S. federal court has ruled again in favor of Norwegian telecom group Telenor in a dispute against Alfa Group, rejecting an Alfa motion to delay fines imposed last month, the court's decision showed. The ruling is part of a long-running legal and boardroom battle between Telenor and Alfa over strategy and control of their two mobile telecom ventures, Vimpelcom and Ukrainian operator Kyivstar.

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