0
Wireless

Beeline spends RUB 350 mln on rest of RuRu

Tuesday 23 April 2019 | 16:50 CET | News
Russian operator Beeline, controlled by the Veon Group, spent RUB 356 million on a 47.95 percent stake in the company Nouse Limited, controlling the payment system RuRu, according to its annual report. The operator bought the stake from Alfa-Bank earlier this February, raising its stake in Nouse Limited to 100 percent. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Beeline / Veon
Countries: Russian Federation
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Veon Q1 profit boosted by Ericsson settlement, organic revenue up 7.4%

Published 02 May 2019 09:00 CET | World
Veon reported strong underlying results in the first quarter, ahead of its full-year outlook, with organic revenues up 7.4 ...

Beeline offers money transfers from bank card via service management app

Published 29 Apr 2019 19:54 CET | Russian Federation
Russian mobile operator Beeline, controlled by the Veon Group, has added an option to do money transfers from a card from any ...

Beeline completes takeover of RuRu

Published 05 Mar 2019 14:36 CET | Russian Federation
Russian mobile operator Beeline, controlled by the Veon Group, has completed the acquisition of a 40 percent stake in National ...