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Today's paper. Last Updated: 05/25/2012

Altimo

Telecommunications

Altimo

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

Latest mentions Search for Altimo

Russia Buoys VimpelCom's Q1

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.

What Killed Lenin? Stress, Genes Didn't Help, Poison Eyed

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.

Fridman's MegaFon Money Could Go on VimpelCom

Altimo, the telecoms arm of Mikhail Fridman's Alfa Group, wants to raise its stake in mobile-phone operator VimpelCom.

Deal Reached for Usmanov to Take Control of MegaFon

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.

Telenor Back in Court Over VimpelCom

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.

MegaFon Taking $2Bln Loan for Buyback

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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