VimpelCom Ltd (VIP)
17 May 2013
|Market Cap (Mil.):||$18,799.90|
|Shares Outstanding (Mil.):||3,385.20|
CAIRO/MOSCOW, May 17 - Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH) from the Egyptian and London stock exchanges so it can manage it directly, two sources said on Friday.
* Beats profit forecasts, ups guidance, announces dividend
ALGIERS, May 9 - The Algerian government will seek a new valuation for Vimpelcom's local mobile phone unit Djezzy before acquiring 51 percent of it, a government source told Reuters.
MOSCOW, April 23 - Russian billionaire Mikhail Fridman's Altimo has secured a $3.2 billion loan from Russian bank Sberbank, part of which will be used to pay for a share conversion of telecoms firm Vimpelcom's stock, a U.S. regulatory filing disclosed on Tuesday.
MOSCOW, April 19 - Emerging markets telecoms group Vimpelcom said it would pay a total of $2 billion in dividends, including the final tranche for 2012 and a special payout related to a recent stake increase by Russian shareholder Altimo.
* Vimpelcom will not tender its 52 pct stake in the offer
MOSCOW, April 16 - Russian billionaire Mikhail Fridman's Altimo on Tuesday confirmed that a subsidiary has offered to buy 100 percent of Egypt's Orascom Telecom, while part-owner Vimpelcom will not tender its shares in the offer.
* Trade group rejects claim, says disagreement inevitable
TORONTO, April 10 - The three companies who entered Canada's wireless market after a 2008 auction of airwaves have pulled out of the industry's main trade group, complaining that it is biased in favor of established competitors who dominate the sector.
MOSCOW - Investors may be puzzled why billionaire Mikhail Fridman seemed to be bidding against himself for a telecoms company that is no longer for sale.
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VimpelCom Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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