Cecilia Edstroem

MegaFon to Pay $5.15 Billion in Dividends as IPO Planned

OAO MegaFon, Russia’s second- largest mobile-phone operator, will pay owners TeliaSonera AB, AF Telecom and Altimo $5.15 billion in dividends and pursue an initial public offering in London, ending a governance dispute.

Russia’s MegaFon Said to Plan Hiring Banks for IPO

OAO MegaFon, Russia’s second- largest mobile-phone operator, may raise as much as $4 billion in an initial public offering and plans to interview banks as early as this weekend, according to two people with knowledge of the plan.

TeliaSonera Says It’s Participating in Talks on MegaFon

TeliaSonera AB, Sweden’s biggest phone company, said it’s negotiating with investment partners Altimo and AF Telecom on the future of OAO MegaFon, Russia’s second-largest mobile operator.

TeliaSonera Plans to Raise Nepal Unit Stake as It Exits Cambodia

TeliaSonera AB, the Nordic region’s second-largest phone company, exited Cambodia and agreed to raise its stake in a unit in Nepal, part of a plan to focus on emerging markets where it’s one of the market leaders.

TeliaSonera Says Court Rules to Block Megafon Merger, Company Will Appeal

TeliaSonera AB said a Russian court ruled in favor of a lawsuit seeking to block the planned merger of its stake in OAO MegaFon, the country’s third-largest wireless phone company, with that of Alfa Group.

Turkcell Dividend Blocked After Walkout, TeliaSonera Says

A dividend for shareholders of Turkcell Iletisim Hizmetleri AS, Turkey’s biggest mobile phone company, won’t be approved at a meeting today amid a dispute over the makeup of its board of directors, TeliaSonera AB said.

TeliaSonera Says It Plans to Appeal Russian Court Decision on Alfa Accord

TeliaSonera AB and billionaire Mikhail Fridman ’s Alfa Group said they plan to appeal a Russian court decision aimed at stopping the merger of their stakes in OAO MegaFon, Russia’s third-largest wireless operator.

Teliasonera to Press for Replacement of Turkcell Chairman Today

TeliaSonera AB will press for the replacement of Turkcell Iletisim Hizmetleri AS Chairman Colin Williams at a meeting of the unit’s shareholders today, said Cecilia Edstroem, spokeswoman for TeliaSonera.

Polkomtel Said to Get TPG, Blackstone Offer; TeliaSonera Bid

Polkomtel SA received a joint offer from TPG Capital and Blackstone Group LP as Poland’s largest mobile-phone operator may be sold in a deal valued at more than $5 billion, according to two people with knowledge of the bid.

Solorz-Zak Said to Bid for Polkomtel as Teliasonera Drops Out

Polish billionaire Zygmunt Solorz- Zak submitted a binding bid for Polkomtel SA, the country’s largest mobile-phone company, said a person familiar with the matter.

Alfa Group

Russia

Turkey

MegaFon

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U.S. Stocks Decline on Europe Concern, Home Sales Data

Stocks Fall as Euro Hits Four-Month Low; Italy Bonds Drop

Ericsson Said to Discuss Buying Microsoft’s TV-Software Unit

Cyprus Capital Controls First in EU Could Last Years