Alfa raises stake in Vimpelcom

15 Jun 2007

Russia’s Alfa Group has raised its stake in Russian mobile operator Vimpelcom from 42.4% to 43.8%, via its Altimo division, according to filings with the Securities and Exchange Commission in the US. Alfa recently increased its stake from 35.8%. Norway’s Telenor owns a 29.9% stake in the Russian cellco, which it recently raised from 26.6%.

Russia, Beeline (Russia), VEON