Anti-Monopoly suit against Telenor dropped

23 Nov 2012

Russia’s Federal Anti-Monopoly Service (FAS) has dropped a lawsuit against Telenor it filed in April contesting the Norwegian telco’s ‘dominant’ stake in Vimpelcom, because the size of Telenor’s stake has since been overtaken by fellow shareholder Altimo, rendering the case void. Although now headquartered in Amsterdam, listed in New York and incorporated in Bermuda, Vimpelcom is regarded as strategically important to Russia, and the FAS has sought to prevent the company from being majority controlled by non-Russian interests.

Netherlands, Russia,Telenor Group, VEON (formerly VimpelCom),



Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.