|
 |
|
Golden Telecom, Inc. to acquire Comincom and Combellga from Telenor in exchange for shares
20 Aug 2003
MOSCOW, Russia (August 20, 2003) - Golden Telecom, Inc. (NASDAQ: "GLDN") announced yesterday that it has signed a Share Exchange Agreement with affiliates of the Norwegian national operator, Telenor, under which Golden Telecom, Inc. will receive 100% of the shares of OAO Comincom including its wholly-owned subsidiary, OAO Combellga, the third largest alternative operator in Russia,in exchange for 19.5% of Golden Telecom, Inc., calculated on a post-acquisition basis. This press release contains supplementary information to that contained in the press release issued on August 19th by Golden Telecom, Inc., which is available on the company's website, www.goldentelecom.com.
|
|
|
|
|
|
Golden Telecom Inc.
Altimo, a leading private equity group, operating on some of the world's most desirable and potentially lucrative mobile telecommunications markets, was created in 2005 from Alfa Telecom, which itself was established in 2004 to hold the telecoms investments of the Alfa Group Consortium (Golden Telecom, Inc., Turkcell Iletisim Hizmetleri A.S., Kyivstar GSM, MegaFon, VimpelCom, Sky Mobile). Those assets are in Russia , the CIS and other promising emerging markets.
Golden Telecom Inc. is a leading independent fixed-line communications operator in Russia. The company provides, via its own infrastructure, complex telecommunications and internet services in Russia and several CIS countries. Listed on US NASDAQ. In Q1 2008, VimpelCom acquired 100% of the oustanding share capital of Golden Telecom.
|
|
|
|
|
