Telenor Resists Alfa's Attempt to Gain Control of VimpelCom

Telenor ASA distributed a letter to shareholders of VimpelCom Monday, urging them to resist Alfa Telecom's efforts to take control of the Russian mobile operator. In the letter, Telenor, which owns 26.6 percent of the voting shares of VimpelCom, requests shareholders to vote in favor of Jo Lunder and Terje Thon, Telenor's independent nominees to VimpelCom's board of directors, at VimpelCom's June 22nd AGM. The full text of the letter is enclosed.