27 Oct 2014
6-K: VimpelCom’s statement regarding analyst and media comments
Amsterdam (October 27, 2014), “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ:VIP), a leading global provider of telecommunications services in 14 countries and headquartered in Amsterdam, has noted recent analyst and media comments concerning Wind, its fully owned subsidiary in Italy. The Company has held discussions to explore the potential value which would accrue to shareholders through a 50/50 joint venture in Italy. No conclusion to these discussions was reached. The Company will continue to explore value adding transactions but there can be no guarantee that a transaction on terms acceptable to the Company will be identified.
About VimpelCom
VimpelCom, an international telecoms company operating in 14 countries and headquartered in Amsterdam, is one of the world’s largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, and Zimbabwe. VimpelCom’s operations around the globe cover territory with a total population of approximately 739 million people. VimpelCom provides services under the "Beeline", "Kyivstar", “WIND”, "Infostrada" “Mobilink”, “banglalink”, “Telecel”, and “Djezzy” brands. As of June 30, 2014, VimpelCom had 220 million mobile customers on a combined basis. VimpelCom is traded on the NASDAQ Global Select Market under the symbol (VIP). For more information visit: www.vimpelcom.com.
Contact information