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Telenor Awaits VimpelCom Settlements

Although Telenor has earmarked its stake in VimpelCom for sale, the telecommunications carrier has said that disposing of its interest in VimpelCom—which is based in Amsterdam and maintains large operations in Russia— could be difficult as long as the U.S. and Dutch probes were under way.

“The investigation now seems closer to a conclusion, which would be beneficial to Telenor’s divestment plans,” said Havard Nilsson, an analyst at financial firm Carnegie.

VimpelCom said Wednesday that, based on terms of prospective settlements with U.S. and Dutch...