t mobile and fixed-line operator. ArmenTel operates a national network and local networks in every city of Armenia. In Armenia, the company provides domestic and international voice termination, intercity and local leased channels and IP transit. Tajikistan: In Tajikistan, the company has interconnection agreements with all local operators. Under the interconnection agreements, the company provides voice call termination to its own network. The company also has a license to provide international communications in Tajikistan, which allows its subsidiary there to interconnect with OJSC VimpelCom directly. Georgia: In Georgia, the company’s subsidiary, Mobitel, has interconnection agreements with ArmenTel and OJSC VimpelCom, and four agreements with local operators. Under these agreements, Mobitel provides voice call termination to its own network. Kyrgyzstan: In Kyrgyzstan, the company has interconnection agreements with all local operators. Under the interconnection agreements, the company provides voice call termination to its own network. The company also has a license to provide international communications in Kyrgyzstan, which allows its subsidiary there to interconnect with OJSC VimpelCom directly. Residential and FTTB Operations In Kazakhstan, the company offers the same spectrum of fixed-line broadband and wireless Internet access as in Russia. In Kazakhstan, it launched a co-branded version of Opera Software’s Opera Mini Web browser and offers unlimited browsing services to its customers. The company also launched various mobile Facebook services and has plans to launch others. In Uzbekistan and Armenia, the company offers the same spectrum of fixed-line broadband and wireless Internet access as in Russia. In Armenia, it offers PSTN-fixed and IP telephony services, as well as fixed-line broadband Internet access based on ADSL technology and dial-up services and wireless Internet access based on CDMA technology. Strategy Uzbekistan: In Uzbekistan, the company’s strategy includes maintaining its current market position by retaining its large corporate clients customer base. Armenia: In Armenia, the company’s strategy includes focusing on customer retention and ARPU growth by developing new services, including Internet access through a fiber optic network with a guaranteed speed to corporate customers and government organizations. Competition Kazakhstan: The company operates an Internet service provider in Kazakhstan, where it competes primarily with Kazakhtelecom; KazTransCom, owned by TeliaSonera; TransTelecom, owned by the Kazakhstan Temir Zholy (a railway company); and Astel (which provides satellite services). Uzbekistan: In Uzbekistan, the company competes with Uztelecom, East Telecom, Sarkor Telecom, Sharq Telecom, and EVO. Strategy The company’s strategy focuses on customer excellence and profitable growth. Seasonality The company’s mobile telecommunications business is subject to certain seasonal effects. Mobile revenue is higher in the summer months. Guest roaming revenue on the company’s networks also increases in summer months. The company’s fixed-line telecommunications business is also subject to certain seasonal effects. Among the influencing factors are the number of working days during periods and periods of vacations. Generally, the company’s revenue from its fixed-line telecommunications business is lower when there are fewer working days in the period or a greater number of customers are on vacation, such as during the summer months. Significant Events In April 2015, Vimpelcom has launched an LTE network in the city of Cherepovets in the Vologda region, with maximum broadband speed of 73 Mbps and average speeds of 25-30 Mbps. In August 2015, CK Hutchison Holdings Ltd. and VimpelCom Ltd. have entered into an agreement to form a 50/50 joint venture that would own and operate their telecommunications businesses in Italy. History VimpelCom Ltd. was founded in 1992. The company was incorporated in Bermuda in 2009.
vimpelcom ltd-spon adr
(35V:German Stock Exchange)
Claude Debussylaan 88
Amsterdam, 1082 MD
Phone: 31 20 797 7200
Fax: 31 20 797 7201www.vimpelcom.com
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