Vimpelcom stock weak, capex too high: Telenor CEO

OSLO Tue Feb 18, 2014 3:57am EST

OSLO Feb 18 (Reuters) - Norway's Telenor is not happy with the Vimpelcom stock's performance and also considers some of the firm's operational metrics poor, Telenor Chief Executive Jon Fredrik Baksaas said on Tuesday.

Vimpelcom, 33 percent owned by Telenor, has a capital expenditure rate that is considered extremely high, Baksaas told reporters.