- Reuters•7 days ago
A Dutch court has ordered the confiscation of 123 million euros ($135 million) in assets from a Dutch-based company that prosecutors alleged was used by two telecoms companies to bribe Gulnara Karimova, the elder daughter of Uzbekistan's president, to secure local operating licences. The Amsterdam court said in a ruling it had found that the company, Takilant, had received bribes from Vimpelcom and Telia AB to allow their Uzbek subsidiaries, Unitel and Ucell, to operate in the local mobile market. The two judges also ruled that Takilant should pay a fine of 1.58 million euros and ordered the confiscation of its 6 percent stake in Ucell, the Uzbek subsidiary of Telia AB.
- The Wall Street Journal•8 days ago
Norwegian telecom provider Telenor reported a second-quarter net profit below expectations, hit by an impairment loss related to its stake in Amsterdam-based peer VimpelCom.
|Bid||0.00 x 230500|
|Ask||0.00 x 301900|
|52wk Range||118.40 - 182.40|
|Day's Range||146.60 - 149.10|
|Avg Vol (3m)||1,869,953|
As of 10:25 AM EDT. Market closed.