Altimo controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile3 entries
2010
Litigation and shareholder-conflict history
Altimo’s disputes with partners in several core telecom investments produced extensive litigation. A United States federal judge later issued strongly worded criticism concerning the alleged use of coordinated litigation to avoid legal obligations.
2008
Indian regulatory opposition
The Indian Home Ministry opposed Altimo’s proposed market entry and cited concerns about the background of Altimo and Alfa.
2005
Controversy surrounding the Turkcell acquisition
Altimo’s purchase of a 13.2% Turkcell stake was controversial because of questions about whether Cukurova had breached or conflicted with its shareholder agreement with TeliaSonera.