New Court Decision in the Kyivstar Conflict

Last week the High Economic Court supported the decision of the Kyiv Appellate Court which banned Kyivstar from disclosuring its financial results and holding an audit. Alexander Paraschiy: Because of this ban Telenor with a 56.5% stake in Kyivstar cannot consolidate the Ukrainian operator’s financials in its financial reports. It looks like Telenor and Storm will have to solve their conflict outside the courts.