Articles tagged with: Vimpelcom

Russian telcos under pressure from rising competition and weakening economy

The profitability of Russian telecommunications companies will remain under pressure due to high inflation and foreign exchange losses, as well as rising mobile market competition, more

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MTS and VimpelCom to Share LTE Radio Spectrum

Two of Russia's largest mobile network operators, MTS and VimpelCom has expanded an agreement to jointly build a LTE network. more

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Telenor to Sell its $2.4 Billion Stake in Russia's VimpelCom

Telenor has announced that it plans to sell its one-third stake in Russia's VimpelCom following years of on-off disagreements with the company. more

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VimpelCom's financial metrics expected to recover during 2016

Moody's expects that VimpelCom will retain its solid competitive position in Russia, where it has a 24% market share by subscriber as of September 2014 more

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Italian Network Merger Talks Close to Conclusion

The long running rumours of a possible merger between two of Italy's mobile networks are reported to have been revived. more

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Wind Italy's Debt Ratings Downgraded

Italy's Wind Telecomunicazioni has seen its debt ratings lowered to 'B+' from 'BB-' by the Fitch ratings agency due to the ongoing competitive Italian market and the company's own high levels of debt. more

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VimpelCom Names New CEO for Ukrainian Subsidiary

Russia's VimpelCom has announced that Peter Chernyshov is to take over as CEO of its Ukrainian subsidiary, Kyivstar. more

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VimpelCom Profits Plunge by 90 Percent

Russia based VimpelCom has reported a near collapse in its first quarter profits as revenues also declined by a tenth. more

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VimpelCom Sells 51% Stake in Algeria's Djezzy to Settle Long Running Dispute

VimpelCom has finally settled the long running dispute over the ownership of the Algerian mobile network it acquired when it bought from Naguib Sawiris's Orascom Telecom in 2010 in a US$6 billion deal. more

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Vimpelcom Looking to Refinance Debt at Italian Subsidiary

Russia's Vimpelcom is looking to refinance the debt at its ailing Italian subsidiary, Wind and will offer to inject more cash into the company if the debt holders agree to its plans. more

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