May 2008
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Archive for May, 2008

New utility payments via SMS

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Bulgarians will now be able to pay their utility bills via SMS using a new electronic payments system ePay.bg called ePayGSM.

MTS reccommends dividends

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Mobile TeleSystems (MTS) has announced the recommended amount of dividends for the full year 2007. On 19 May 2008, MTS’s Board of Directors recommended the annual general meeting of shareholders (AGM) approve annual dividends of RUR 14.84 per ordinary MTS share for the 2007 fiscal year, amounting to a total of RUR [...]

MegaFon dispute settled

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Representatives of IPOC International Growth Fund and Leonid Rozhetskin have issued a statement relating to their long-running legal battle over the ownership of a stake in Russia’s number three cellular operator, MegaFon.

MTS report 1Q profits

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Mobile TeleSystems (MTS), has reported 1Q net profits of USD 610 million, up from USD 449 million one year earlier. The results beat an average forecast of USD 532.1 million from a Dow Jones poll of analysts.

Fitch bring Telenor up to stable rating

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Fitch Ratings changed Norway-based telecommunications provider Telenor’s outlook from negative to stable, citing a perceived reduction in risk related to Telenor’s control of certain international assets, particularly DiGi in Malaysia and DTAC in Thailand.

Sistema looking at Telekom Austria’s mobile wing

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Telekom Austria is reportedly in talks with Russia’s Sistema for them to acquire a stake in the Austrian company’s mobile operation, according to newspaper Wirtschaftsblatt. It also named Vodafone and Telefonica as possible partners, although the Russian company was more likely. Sistema, however, dismissed the report, a spokesperson said: