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Vimpelcom faces investigation over Uzbekistan activities
2014-03-12 09:25:00| Telecompaper Headlines
(Telecompaper) Vimpelcom announced it faces investigations in the US and the Netherlands into its activities in Uzbekistan. The company said it received a letter from US Securities and Exchange Commission stating that it's conducting an investigation related to Vimpelcom and requesting documents. Also, the company's headquarters in Amsterdam were visited by representatives of the Dutch authorities, including the Dutch public prosecutor office, who obtained documents and informed the company that it was the focus of a criminal investigation in the Netherlands. The investigations "appear to be concerned with the company's operations in Uzbekistan", Vimpelcom said without providing further details. The company said it intends to fully cooperate with the investigations. Vimpelcom has 10.5 million mobile customers in Uzbekistan. It is not the first foreign operator to face problems in the country. In 2012, MTS had its assets seized by the government in a tax dispute and ended up leaving the market. TeliaSonera's top management fell over allegations of mismanagement at its operations in Uzbekistan, and the Swedish public prosecutor continues to investigate how the company was established in Uzbekistan.
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investigation
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uzbekistan
Vimpelcom latest telco to be investigated over Uzbekistan activities
2014-03-12 01:00:00| Total Telecom industry news
Russian operator says it will cooperate with Uzbekistan probe; country plans to launch LTE network using spectrum formerly owned by MTS.
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activities
investigated
uzbekistan
Arbor Month Activities Around Town
2014-03-04 23:27:32| PortlandOnline
Community Calendar of Events
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activities
town
arbor
BOEM publishes final environmental review for geological and geophysical survey activities off the Atlantic Coast
2014-02-27 20:30:12| Green Car Congress
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review
final
activities
InterFlex to expand business activities in Wilkes County, North Carolina
2014-01-07 01:00:00| Packaging Gateway
InterFlex Acquisition, a US-based producer of flexible packaging products, is all set to expand its business activities in Wilkes County, North Carolina.
Tags: business
north
activities
county
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