TeliaSonera facing US probe into Uzbekistan operation

European operator group TeliaSonera has confirmed that it is the subject of an ongoing investigation by the US Department of Justice (DoJ) and has also been approached by the US Securities and Exchange Commission (SEC) relating to its operations in Uzbekistan.

Djezzy saga rolls on in Algeria

The Algerian government has hired consultants to assess the value of mobile operator Djezzy ahead of its plans to nationalise the lucrative telco.

Altimo increases VimpelCom stake

Filings with the Securities and Exchange Commission this weekend show that Russian conglomerate Alfa Group has raised its holding in Russia’s second largest cellco, VimpelCom, to almost 40 per cent. Alfa performed the move via Gibraltar-based Eco Telecom, a wholly owned subsidiary of the Russian firm. The move is expected to give Altimo greater hold […]


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