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Tag: vimpelcom
Vimpelcom, MegaFon share 4G network build
2016-01-27 01:00:00| Total Telecom industry news
Russian operators to roll out 1,300 LTE base stations across 10 regions.
Tags: share
network
build
megafon
Vimpelcom names ex-Deutsche Telekom exec as digital chief
2016-01-15 01:00:00| Total Telecom industry news
Russian operator looks to reinvent itself as a digital business, also appoints new emerging markets head.
Tags: digital
names
chief
telekom
Barclays Reaffirms "Hold" Rating for VimpelCom
2015-11-29 08:03:54| Telecom - Topix.net
's stock had its "hold" rating restated by investment analysts at Barclays in a research note issued to investors on Saturday, Market Beat Ratings reports. VimpelCom traded down 5.00% during mid-day trading on Friday, hitting $3.42.
Tags: rating
hold
barclays
reaffirms
VimpelCom close to US settlement of Uzbek case - report
2015-11-26 09:01:00| Telecompaper Headlines
(Telecompaper) VimpelCom is in talks to pay about USD 775 million to settle US allegations it paid bribes in Uzbekistan to win business, three people familiar with the matter told Bloomberg. The resolution with the Justice Department and the Securities and Exchange Commission could be announced in January, the report said. Vimpelcom took a charge of USD 900 million in the third quarter to cover any eventual costs from the Uzbekistan investigation, which is also underway in Sweden, Switzerland and the Netherlands. The Justice Department, in a civil forfeiture complaint filed earlier this year in New York, alleged VimpelCom, which is traded on the Nasdaq exchange, and a rival company made more than USD 500 million in corrupt payments in order to obtain a licence in Uzbekistan. No company or person has been publicly charged as part of the US and European investigations. A spokesman for VimpelCom declined to comment on the potential settlement.
Tags: report
case
close
settlement
VimpelCom and Global Telecom enter agreement to sell their operations in Zimbabwe
2015-11-18 10:54:01| Telecom - Topix.net
Telecel International owns 60% of Telecel Zimbabwe Ltd. Transfer of ownership to ZARNet will occur after customary conditions are satisfied. This release contains forward-looking statements.
Tags: enter
sell
global
agreement
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