Support The Moscow Times!

FAS Encourages Settlement

The Federal Anti-Monopoly Service is pushing for an out-of-court settlement between the shareholders of VimpelCom, who are fighting for control of Russia's No.3 mobile operator, Interfax quoted the regulator as saying Wednesday.

Norway's Telenor raised its stake in VimpelCom in February, triggering a new wave of hostilities with co-owner Altimo and prompting VimpelCom to defer dividend payments.

"We are not giving up hope to settle the conflict … in a peaceful way, by means of talks between the companies," Igor Artemyev, head of the service, was quoted as saying. "And we have instructions from the government commission on foreign investments to contribute in every possible way to negotiations between the companies in order to settle this outside the court."


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.