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MTC and Alfa named in Lebanese law suits

Lebanese broadband operator Cedarcom said that several operators in the country have taken legal action against mobile operators Alfa and MTC, as well as the Ministry of Telecom, following moves to launch 3G services without a spectrum licensing process having taken place.

Former VimpelCom CEO returns to enlarged group

Former VimpelCom chief executive Alexander Izosimov is to take the head role at newly enlarged VimpelCom Ltd.

TeliaSonera and Alfa to combine MegaFon, Turkcell

Sweden’s TeliaSonera and Russian holding group Alfa have agreed to combine their respective direct and indirect interests in Turkcell and MegaFon into a new company, effectively ending a legal battle between the two parties.

Alfa wants to realign assets

Russian investor Alfa Group is planning to combine its minority stakes in Russian mobile operator Megafon and Turkey’s Turkcell into a single company, the Wall Street Journal reports.

Telenor hints at possible VimpelCom divestiture

Norway’s Telenor has hinted that it could sell its stake in Russia’s VimpelCom in order to settle its long-running dispute with Alfa Group, the other main VimpelCom shareholder.

Court rules in favour of Telenor in Kyivstar case

Russian conglomerate Alfa Group has criticised a US federal court ruling late last week that could force it to relinquish its stake in Kyivstar, Ukraine’s largest operator.

Alfa cuts Turkcell stake to 4.99%

Telecompaper reports that Russia’s Alfa Group affiliate, Alfa Finance, has sold 62.2 percent of its shares in Alfa Telecom Turkey to Visor Group affiliate Nadash International and Alexander Mamut’s Henri Services.