Lesson plan

Altimo

Altimo (alt. Alfa Telecom International Mobile) is the telecommunications investment arm of Russia's Alfa Group Consortium, controlled by Russian oligarch Mikhail Fridman. Altimo investee companies operate in Russia, Ukraine, Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Bangladesh, Georgia, Turkey; it holds stakes in VimpelCom, MegaFon, Kyivstar, and Turkcell. Together, Altimo's investee companies have more than 150 million mobile phone subscribers. . Altimo Holdings & Investments Ltd. is a British Virgin Islands company. A majority of its shares are owned by CTF Holdings, a Gibraltar limited liability company, whose sole shareholder is Crown Finance Foundation, a Liechtenstein foundation. Since its formation in 2004, Altimo has been involved in numerous conflicts with all its main partners in each of the four companies which form the backbone of its investments. These conflicts have resulted in what Judge Lynch of the United States District Court, Southern District of New York described as a "brazen history of collusive and vexatious litigation . . . used to avoid compliance with their legal obligations". In November 2005, Altimo acquired a 13.2% stake in Turkcell, the largest Turkish mobile phone operator.…

Back to article

Article summary

Altimo (alt. Alfa Telecom International Mobile) is the telecommunications investment arm of Russia's Alfa Group Consortium, controlled by Russian oligarch Mikhail Fridman. Altimo investee companies operate in Russia, Ukraine, Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Bangladesh, Georgia, Turkey; it holds stakes in VimpelCom, MegaFon, Kyivstar, and Turkcell. Together, Altimo's investee companies have more than 150 million mobile phone subscribers. . Altimo Holdings & Investments Ltd. is a British Virgin Islands company. A majority of its shares are owned by CTF Holdings, a Gibraltar limited liability company, whose sole shareholder is Crown Finance Foundation, a Liechtenstein foundation. Since its formation in 2004, Altimo has been involved in numerous conflicts with all its main partners in each of the four companies which form the backbone of its investments. These conflicts have resulted in what Judge Lynch of the United States District Court, Southern District of New York described as a "brazen history of collusive and vexatious litigation . . . used to avoid compliance with their legal obligations". In November 2005, Altimo acquired a 13.2% stake in Turkcell, the largest Turkish mobile phone operator.…

Key claims

No claims recorded.

Discussion questions

  1. Summarise the article in your own words. Which single claim would you verify first, and why?
  2. Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
  3. If two sources disagreed about one of these facts, what would you need in order to trust one over the other?

Bibliography

No sources recorded.

Key claims and bibliography are generated from the same tracked claims and sources as the article page.