Member access

4-Traders Homepage  >  Shares  >  Oslo Bors  >  Telenor ASA    TEL   NO0010063308


SummaryChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Russia's Antimonopoly Service Prepares Lawsuit Against Telenor -Report

04/16/2012 | 11:45am US/Eastern

Russia's Federal Antimonopoly Service, or FAS, is preparing a lawsuit against Norwegian telecommunications operator Telenor ASA (TEL.OS), which has increased its stake in VimpelCom Ltd. (VIP) to 39.51% from 25.01% since the beginning of the year, Interfax reported Monday citing FAS.

The regulator says that Telenor has breached a law regulating foreign investments in companies the state deems strategically important.

Should the lawsuit be accepted by the court, and should the ruling go against Telenor, the deal with the Norwegian company could be annulled, according to the report.

Agency website:

-By Moscow Bureau, Dow Jones Newswires; +7 495 974 8026

React to this article
Latest news on TELENOR ASA
6d agoDJTELENOR ASA : to Launch Financial Services in Hungary; Won't Buy Bank
12/12 TELENOR ASA : Mozilla and Telenor Announce WebRTC Competency Center to Advance W..
12/11 Huawei Wins Telenor 5Yr RF Access Equipment Contracts
12/10 TELENOR ASA : Sweden Assures Network Quality for Fixed and Mobile Broadband With..
12/10 TELENOR ASA : absorbs commercial top-up tax
12/09DJTelenor's Chief Executive to Quit VimpelCom's Board
12/09 TELENOR ASA : holds open mind programme
12/09 HUAWEI TECHNOLOGY : Telenor Group and Huawei sign five year RAN agreement
12/09DJMalaysia's EPF Buys Net 3.5 Million Shares in DiGi.Com
12/08 TELENOR ASA : CEO withdraws from VimpelCom Supervisory Board
Duration : Period :
Telenor ASA Technical Analysis Chart | TEL | NO0010063308 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes