Altimo (alt. Alfa Telecom International Mobile) is the telecoms investment arm of Russia's Alfa Group Consortium, controlled by Russian oligarch Mikhail Fridman. Altimo investee companies operate in Russia, Ukraine, Kazakhstan, Uzbekistan, Kyrgyzstan, Tadjikistan, Bangladesh, Georgia, Turkey; it holds stakes in VimpelCom, MegaFon, Kyivstar, and Turkcell.Together, Altimo's investee companies have more than 150 million mobile phone subscribers.[citation needed] .