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7 April 2010

Asters Advises Telenor on Kyivstar Dividends

Asters has advised Norwegian telecommunications company Telenor in connection with another multimillion dividend payout from Kyivstar G.S.M., attributable to the financial year 2008. Telenor holds a 56.5% equity stake in Kyivstar G.S.M., the remaining shares are owned by Storm LLC.

Earlier, Asters represented Telenor, the firm's long term client, in various issues related to the dividend payouts for the previous years dating back to 2004.

Asters team was lead by the Managing Partner Oleksiy Didkovskiy, the telecommunications practice head, assisted by Partner Igor Svechkar and associates Svitlana Chepurna, Ganna Novodvorska and Kostyantyn Solyar.

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