Financial Times FT.com

PMs agree line in telecoms dispute

By Robert Anderson in Stockholm and Isabel Gorst in Moscow

Published: May 20 2009 02:41 | Last updated: May 20 2009 02:41

Telenor, the Norwegian telecom, and Alfa Group of Russia should resolve their shareholder disputes by legal means, the prime ministers of both countries agreed on Tuesday.

Alfa, owned by oligarch Mikhael Friedman, and Telenor have fought a series of legal skirmishes over the past four years for control of Vimpelcom of Russia and Kyivstar of Ukraine, in which they are both the largest shareholders.

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