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Archive | M&As in Telecom

“Megapfon” is ready to buy shares “VimpelCom” for $600 million

Posted on 24 July 2009

Mobile operator MegaFon is considering acquiring up to 5% of the shares Vympelcom, Kommersant reported, citing informed sources. Based on yesterday’s market capitalization Vympelcom, the value of this package could be about $ 590 million
According to sources, the issue of buying Vympelcom was included in the agenda of the last board of directors of a megaphone, but a decision on it was not accepted. Top Megaphone manager confirmed Continue Reading

«Svyazinvest» wants to buy 50% of «Sky Link»

Posted on 24 July 2009

On the negotiations «Vedomosti» source told the board of directors «Svyazinvest». AFC representative «System» (owns 50% «Sky Link») Irina Potekhina refused to comment, but the fact of the negotiations confirmed the director, RTDC (represents the interests of the owner of the other 50% «Sky Link») Stanley Kramton. U «Svyazinvest» is «some interest» to «Sky Link», declared the first deputy general Continue Reading

“Svyazinvest” or a part may proceed to VEB

Posted on 24 July 2009

“Svyazinvest” holding talks with Vnesheconombank and the Government on the transfer of the holding VEBu, said Director General of “Svyazinvest” Evgeny Yurchenko in an interview with the newspaper “Vedomosti”, published on Tuesday.
“This is not dropped. Otherwise,” Svyazinvest “, or any part of the holding company can proceed to VEB” Continue Reading

AFK «Sistema» sells blokpaket «Svyazinvest» State

Posted on 21 July 2009

The Russian authorities will receive shares blokpaket «Svyazinvest» in AFC «system». According to the «Kommersant», with reference to its own source close to the Government, the Minister of Communications and Mass Communications Igor Shchegolev in a letter to Prime Minister Vladimir Putin announced the agreement in this matter.
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MTS may acquire St. Petersburg company Teleforum for $ 10 million

Posted on 01 June 2009

Russia’s largest cellular operator OAO Mobile TeleSystems (MTS) filed an application with the Federal Antimonopoly Service (FAS) for the acquisition of the St. Petersburg company Teleforum “, which includes 193 passenger compartment. 
As Kommersant daily, the company estimated at $ 10 million According to experts, cease cooperation with the largest cellular Continue Reading

Dalsvyaz postpones sale of mobile assets

Posted on 01 June 2009

According to Kommersant, Dalsvyaz agreed for an indefinite time to abandon the idea of selling its mobile assets. Before the crisis, the business was valued at $ 200 million, and applications for the purchase of assets exhibited three largest Russian mobile operator. Now the implementation of the deal could bring us more problems than income – would require a Continue Reading

Sistema is ready to give blokpaket “Svyazinvest” of MGTS shares and debt relief

Posted on 01 June 2009

The owner of Sistema, Vladimir Yevtushenkov invited to return the state 25% plus 1 share “Svyazinvest”, Vedomosti writes. For this the State must ensure the cancellation of the “daughters” AFC debts in the amount of 26 billion rubles. and give blokpaket shares of MGTS. 
According to the publication Evtushenkov forwarded a letter with these proposals, meeting with the head of the government on Continue Reading

MTS is preparing to buy Sistema 51% of the shares “Comstar UTS”

Posted on 01 June 2009

Sistema decided to combine their “daughter”-telecom: share of the “Comstar” can buy ITT – a question resolved, writes in the newspaper Vedomosti. 
In particular, in the near future MTS Anti-Monopoly Service to send a request to purchase 51% of “Comstar UTS”, reported the publication of two managers of companies, close to the “System”. 
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MTS filed an application to the FAS for the purchase of “Comstar UTS”

Posted on 01 June 2009

OAO Mobile TeleSystems, an operator of cellular communication in Russia and CIS countries, has filed an application with the Federal Antimonopoly Service of Russia (FAS) for permission to acquire a share of up to 100% of Comstar UTS. 
In case of successful completion of the transaction for the acquisition, said MTS on the basis of the two companies will create an Continue Reading

Atlant Telecom (Belarus) on Thursday announced the merger

Posted on 01 June 2009

On Thursday at a special press conference will be announced to merge the two telecommunications companies, as well as affected by the development industry in crisis. This is the press-service IP “alternative digital network” – one of the largest Belarusian private providers. The company provides Internet access under the brands “Atlant Telecom and Shparki Damavik. 
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DATABASE: IT Projects in Russia and CIS 2008-2009