TELNY Telenor ASA (QX)

By Katarina Gustafsson

Norwegian telecom company Telenor ASA (TEL.OS) said Friday that a Russian court has ended a case brought against the company by the Russian Federal Antimonopoly Service in a case concerning Telenor's purchase of shares in VimpelCom Ltd. (VIP).

The Russian regulator this month sent a request to the Moscow Arbitration Court to withdraw its claims against Telenor and the withdrawal was Friday accepted by the court, terminating the case.

The claims, relating to the Norwegian company's increase of its stake in VimpelCom, were originally filed in April.

At 1347 GMT, shares traded 0.7% higher at NOK115.10.

Write to Katarina Gustafsson at katarina.gustafsson@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires