Articles tagged with: Vimpelcom

VimpelCom Cancels Takeover Bid for Canada's Wind Mobile

­Orascom Telecom Holding -- the Egyptian company controlled by Russia's vimpelcom -- has walked away from its attempt to buy control of the Canadian mobile network, Wind Mobile.  more

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Canadian Government Delaying Approval for VimpelCom Takeover of Wind Mobile

­The Canadian government is delaying its approval of plans by Russia's vimpelcom to take full control of the local mobile network, Wind Mobile.  more

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Russia's VimpelCom Posts 28 Percent Rise in Quarterly Profits

­Russia's vimpelcom has reported its financial results, and announced that first-quarter revenues were essentially flat compared to a year ago thanks largely to regulatory cuts in Italy, although the net profit rose by 28 percent.  more

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VimpelCom's Chief Financial Officer to Leave the Company

­Russia's vimpelcom has announced that its Chief Financial Officer, Henk van Dalen has decided to leave the Company when his contract expires in September 2013.  more

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Sawiris Mulls Bid to Buy Back Wind Italy from VimpelCom

­Egypt's Naguib Sawiris has said that it might be interested in buying back the Italian mobile network operator he sold in 2011 to Russia's vimpelcom.  more

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VimpelCom Sells Cambodian Mobile Network to Local Businessman

­Russia's vimpelcom has sold its entire indirect stake in Sotelco in Cambodia to its local partner, Mr. Huot Vanthan.  more

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Russia's Altimo Launches Takeover Bid for Orascom Telecom

­Russia's Altimo has launched a bid to buy the remainder of Egypt's Orascom Telecom Holding that it does not already control through its stake in vimpelcom. The deal values the company at around US$3.67 billion, a small premium on the current stock market valuation of US$3.4 billion.  more

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VimpelCom and MTS Launch Joint Bid to Buy Tele2's Russian Network

­Two Russian mobile networks, vimpelcom and MTS have announced that they are interested in launching a spoiler bid to buy Tele2's local network.  more

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VimpelCom Posts Quarterly Profit on Marginally Improved Revenue

­Russia based vimpelcom has reported a modest rise in its fourth-quarter revenues and a sharp return to profits. The company posted revenues that were up by 1% at US$5.95 billion and profits of US$801 million, compared to a net loss of US$381 million a year ago.  more

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Ericsson Wins Russian Managed Services Contract

­Ericsson has won a 5-year managed services contract with Russia's vimpelcom, covering more than 10,000 sites, as well as overseeing more than 10,000km of optical transport cables and a fixed network across Siberia and the Urals in Russia.  more

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