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July 04, 2015 9:42 PM 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: 42
Chief Financial Officer, Executive Vice President and Member of Management Board
Head of Greater Moscow Branch, Vice President and Member of Management Board
Executive Vice President of Business Development for Corporate Market and Member of Management Board
Age: 45
Compensation as of Fiscal Year 2015.

OJSC VimpelCom Key Developments

OJSC Vimpelcom Appoints Alexander Krupnov as President

OJSC Vimpelcom has adopted changes in the management structure and has introduced the post of president of the company. A relevant decision was made by shareholders at an extraordinary meeting on June 15, 2015. Alexander Krupnov, who was the head of the Information and Communications Union and the Russian State Communications Committee (1997-1999) was appointed president of Vimpelcom from June 23, 2015. Mikhail Slobodin will continue to carry out the management of the company's operating activity as CEO.

Beeline In Talks of Merger With SMARTS-Elista

OJSC VimpelCom is considering the option to acquire SMARTS-Elista ZAO. Comnews.ru. reports Russian federal competition regulator FAS has cleared Beeline to acquire the assets of regional mobile operator Smarts.

Vimpelcom Expands LTE Network in Moscow Region

Vimpelcom has expanded the coverage of its LTE network in the Moscow region. The network is currently accessible for 60% of residents in the region. It covers almost all of the region's large agglomerations, including Lyubertsy, Domodedovo, Ramenskoye, Korolyov, Dolgoprudny, Lytkarino, and Pavlovskiy-Posad. New base stations have been deployed in Mytishchi, Zelenograd, Odintsovo, Dedovsk, Krasnogorsk and Podolsk. The upgrade of the network has been focused on resort locations. Beeline plans to build several hundred more base stations in the region this year and to expand its LTE network by 250%.

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