Telenor Puts on Brave Face After VimpelCom Defeat

17th January 2011, Comments 0 comments

Norway's Telenor put on a brave face Monday after suffering a stinging loss in its latest battle with Russian partner Altimo at mobile phone giant VimpelCom Ltd., vowing to protect its interests even though its fight against a multibillion-dollar bid to buy Egyptian tycoon Naguib Sawiris' telecom assets had failed.

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