TELNY Telenor ASA (QX)

   By Olga Razumovskaya 
 

MOSCOW--Russia's Federal Antimonopoly Service said in a statement Friday it has sent a request to the Moscow Arbitration Court to withdraw a lawsuit against Norwegian telecommunications company Telenor ASA (TEL.OS) linked to its increase of its stake in VimpelCom Ltd. (VIP).

Given the current balance between shareholders, the regulator has decided to withdraw the lawsuit, requesting the revoking of all the injunction measures against the company.

"We thank VimpelCom shareholders for their cooperation, for the tolerance they have shown in this...dispute, and we are very happy it is over," Igor Artemyev, head of FAS, said in a statement.

Write to Olga Razumovskaya olga.razumovskaya@dowjones.com

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