Vodafone, Reliance gear up for battle in India: possible bidding war for big cellular firm shows allure of emerging markets

Article Abstract:

Vodafone Group PLC and Reliance Communications Ltd. are both poised to bid to acquire Hutchison Essar Ltd., India's fourth-largest cellular service provider. If Reliance acquires Hutchison Essar, it will be the top cellular service provider in India. India's cell phone subscriber base is growing rapidly, due to a strong economy.

Market share, United Kingdom, India, Vodafone Group PLC, Company market share, Hutchison Essar South Ltd., Reliance Communications

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VimpelCom bids for Ukrainian firm

Article Abstract:

Vimpel-Communications of Russia has offered to acquire Kyivstar of the Ukraine for $5 billion. The deal may be held up by infighting amongst major shareholders at Vimpel-Communications. The mobile phone acquisition would create the largest wireless carrier in the former Soviet Union.

Ukraine, Company Profile, Vimpel-Communications, Kyivstar GSM

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Vimpelcom is hit with tax claim for $160 Million

Article Abstract:

Vimpelcom, Russia's second largest cellular telephone company, was served with a $160 million claim for back taxes, interest and fines by Russian authorities, fearing spreading attacks on other blue chip companies. Russian securities are down 5.5%.

Commodity & service prices, Security brokers and dealers, Taxes, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Taxation, Prices and rates, Securities industry, Vimpelcom, Company pricing policy

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