MTS, VimpelCom to collaborate on LTE in Russia

Russian telco Mobile TeleSystems (MTS) and Dutch-based operator group VimpelCom have announced a partnership to develop and share LTE networks in Russia and the CIS region. The agreement involves rolling out LTE in 36 Russian regions over the next two years.

VimpelCom exits Canada

Amsterdam-based carrier group VimpelCom and its investment vehicle Global Telecom Holding said Tuesday they have agreed to exit the Canadian market. The companies will offload their stake in Wind Canada to the controlling shareholder of the operator for C$135m.

VimpelCom appoints Telefonica man as COO

Amsterdam headquartered carrier VimpelCom, which operates in Russia and the CIS and owns stakes in several other operations around the world, has appointed Rene Schuster as Group Chief Operating Officer, effective immediately.

Consolidation close in France and Italy, say reports

The French and Italian mobile markets could both be on the verge of significant consolidation, according to reports from news agency Reuters. In France incumbent telco Orange has set two investment banks to investigate the potential takeover of rival Bouygues, while talks have resumed between Hutchison and Vimpelcom, which own 3 Italia and Wind respectively, about a potential merger. In both instances Reuteurs cited unnamed sources close to the situation.

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