Altimo’s Kyrgyz Unit for Sale (Folo) Vimpelcom Expanding to Vietnam Russian Mobile Firm Readies Joint Venture
September 13, 2007
Altimo, the telecommunications unit of the Russian billionaire Mikhail Fridman, is auctioning its Kyrgyz phone company amid a dispute over ownership of the asset, Bloomberg News reported from Moscow.
Mobile TeleSystems, or MTS, the largest Russian mobile phone company, has been invited by Morgan Stanley to bid for the Kyrgyz unit, Sky Mobile, an MTS spokeswoman, Yelena Kokhanovskaya, said.
Originally published by Bloomberg News.
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