Tag: Vimpelcom
NEW YORK (Reuters) – A U.S. judge said Veon Ltd shareholders may pursue much of a lawsuit accusing the multinational phone company once known as VimpelCom of inflating its share price by concealing a bribery scheme in Uzbekistan and overstating its financial controls. U.S. District Judge Andrew Carter in Manhattan ruled on Tuesday that shareholders […]
AMSTERDAM/LONDON (Reuters) – Vimpelcom is undertaking the telecom industry’s most radical overhaul to date, weaning itself from declining revenues from voice and data to focus instead on mobile Internet services such as banking, taxis and messaging, its executives said. The reinvention by one of the world’s top ten mobile operators is the clearest example yet […]
ARENDAL, Norway (Reuters) – Nearly a year after mobile operator Telenor announced it would sell its $2.5-billion stake in Vimpelcom, it is still planning how it will go about it, its chief executive told Reuters, underlining the difficulties of the process. The Norwegian firm said last October that it planned to sell its 33-percent stake […]
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