Altimo
Telecommunications
Web-site: altimo.ru/
"Altimo is an investment company in Russia, the CIS and Turkey, operating in the field of mobile and fixed-line communications. The total market capitalization of Altimo’s assets is currently over $16 billion. Together, Altimo’s investee companies have more than 200 million mobile phone subscribers." (altimo.ru/)
Holds a 24.995% voting interest in VimpelCom, a 25.1% stake in MegaFon, and 13.2% of Turkcell.
Headquarters: Moscow, Russian Federation
Telecoms operator VimpelCom Ltd. said it was seeing signs of a turnaround in its core Russian business, and it had a good chance of winning one of the next-generation 4G licenses to be awarded by the government.
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A doctor says stress, family medical history or possibly even poison led to the death of Vladimir Lenin, debunking a popular theory that a sexually transmitted disease debilitated the former Soviet leader.
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Altimo, the telecoms arm of Mikhail Fridman's Alfa Group, wants to raise its stake in mobile-phone operator VimpelCom.
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Shareholders in MegaFon have agreed a deal that gives control to the country's richest man, Alisher Usmanov, and nets a $3.25 billion payout for Nordic telecoms firm TeliaSonera, more than 18 times its original investment.
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The Federal Anti-Monopoly Service filed a claim in a Moscow commercial court alleging Telenor's February purchase of VimpelCom shares was illegal and that it would seek to undo the deal.
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MegaFon, Russia’s No.2 mobile operator, said it had agreed to borrow up to $2 billion from a group of banks, following reports that it could seek funds to buy back a one-quarter stake owned by Mikhail Fridman.
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