March 06, 2015 1:00 AM ET

Wireless Telecommunication Services

Company Overview of OJSC VimpelCom

Company Overview

OJSC VimpelCom offers integrated mobile and fixed communication services, long distance and international communication, data transmission, and telematic services through a range of fixed and wireless solutions, including FTTB internet access, WiFi, and 3G technologies. The company was formerly known as EDN Sovintel LLC. The company is based in Moscow, Russian Federation. OJSC VimpelCom operates as a subsidiary of VimpelCom Ltd.

1 Kozhevnichesky proezd

Moscow,  115114

Russia

Phone:

7 4957 87 10 00

Fax:

7 4957 87 19 90

Key Executives for OJSC VimpelCom

Chief Executive Officer and Member of Management Board
Age: 41
Chief Financial Officer, Executive Vice President and Member of Management Board
Executive Vice President of Business Development for Corporate Market and Member of Management Board
Age: 44
Executive Vice President of Business Support Unit and Member of Management Board
Age: 43
Vice President for Legal & Corporate Relations and Executive Secretary of Management Board
Compensation as of Fiscal Year 2014.

OJSC VimpelCom Key Developments

OJSC Vimpelcom Reports Earnings Results for the Fourth Quarter and Full Year of 2014

OJSC Vimpelcom reported earnings results for the fourth quarter and full year of 2014. For the quarter, the company reported revenue of RUB 73.94 billion compared to RUB 70.66 billion for the same period a year ago. Total operating revenue was RUB 59.64 billion compared to RUB 58.08 billion last year. EBITDA was RUB 27.04 billion compared to RUB 28.48 billion last year. Capex was RUB 20.97 billion compared to RUB 27.87 billion last year. For the year, the company reported total capex amounted to RUB 61.3 billion, which is 4% more than the figure for the same period of last year.

Vimpelcom Upgrades Fixed Broadband Network in the Bezhitskiy Residential Neighbourhood of the City of Bryansk

Vimpelcom has upgraded its fixed broadband network in the Bezhitskiy residential neighbourhood of the city of Bryansk. Link capacity has been doubled. The operator earlier upgraded its fixed network in other residential neighbourhoods of the city. The operator also upgraded its network in several residential neighbourhoods of the city of Krasnoyarsk. Average data speed currently totals 7 Mbps on the 3G network there. Beeline has also opened a new branded retail outlet in the town of Novaya-Usman in the Voronezh region.

Vimpelcom Opens Outlet for Business Subscribers in Perm

Vimpelcom, working under the Beeline brand, has opened a service centre for business subscribers in the city of Perm, reports Cnews.ru. It has 6,000 business customers in the region. Retail subscribers can receive service at 50 branded retail outlets and service centres in the Perm region.

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