Page 24 - bne_newspaper_November_03_2017

Weekly Lists
November 3, 2017 www.intellinews.com I Page 24
bne:TMT
Telia sells remaining
19% stake in Russian operator MegaFon
Telecom major Telia will sell its remaining 19% stake in Russian mobile operator MegaFon, the company said on October 31.
Telia has been exiting MegaFon together with other assets abroad in line with its strategy to focus on the Nordics and the Baltics, first announcing a sale of 6.2% of share capital of the operator on the market at the beginning of October.
Now a 19% stake in the company will be sold to Russian bank Gazprom- bank at RUB514 per share, with a 10% discount to the market.
The total amount paid by the bank stands at $1.03bn. "While Gazprombank might be acting on its own, we think it is more likely that the bank is representing a strategic investor in MegaFon," VTB Capital commented on October 31.
Albanian Prime Minister Edi Rama presented a new online
platform for co-governance with citizens entitled “Albania We Want” on October 28.
Ensuring functional and responsible co-governance with the Albanian people was one of the promises made by Rama ahead of the June general election.
The Android application will enable every citizen to get information on all government activities.
“Download this application, become a member of the major coalition of Albania We Want and make direct contact with the government cabinet, present your opinions, ideas, demands or complaints,” Rama said on his Facebook page.
Lithuania is seeking to boost cooperation with China in the fintech sphere, central bank officials said ahead of a seminar hosted by the Bank of Lithuania in Beijing.
“Chinese e-commerce, payment and FinTech sectors have been rapidly expanding and are looking for business development opportunities across the globe,” commented Bank of Lithuania board member Marius Jurgilas. “We have undoubtedly attracted the industry’s attention as we have much to offer.”
Citizens to get "same information as MPs" as Albania launches new e-governance app
Chinese investors interested in Lithuania’s fintech sector