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March 28, 2015 1:23 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

Megafon Announces Contracts with VimpelCom

Megafon concluded state contracts for around RUB 500 million in the Far-East in 2014. The operator won over 500 tenders for state contracts there in 2014. Vimpelcom, working under the Beeline brand, also started providing services under state contracts for numerous institutions and establishments in the Kaliningrad region. The list includes the regional government, the regional parliament, the regional customs office, Kaliningrad state university, the Kaliningrad city municipality and other entities.

Vimpelcom Announces Board Changes

Vimpelcom has appointed Andrey Bykasov the new director for external communications. Bykasov will replace Yelena Prokhorova in the position. Prokhorova has held the job since 2010 and will continue her career outside of Beeline. Bykasov earlier worked at the company Mikhaylov & Partners.

Hutchison Whampoa And VimpelCom Discuss Merger Of Italian Mobile Operations

Hutchison Whampoa Limited (SEHK:13) and OJSC VimpelCom are in advanced talks to merge their Italian mobile operations. The talks involve merger of Telecom Italia S.p.A. (BIT:TIT), 3 Italy and Wind. The parties are yet to agree on details about the equity structure of the merged operations, foreign media said. Person in the know pointed out that Hutchison Whampoa will get 51% stake in merged surviving company once the agreement with VimpelCom is reached. The merger is still uncertain and need weeks to be nailed down.

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