je.st
news
VimpelCom Posts $1 Billion Loss After Uzbek Bribery Provision
2015-11-06 18:37:03| Telecom - Topix.net
VimpelCom Ltd. swung to a quarterly loss after making a $900 million provision to cover potential U.S. and Dutch fines over bribery allegations in Uzbekistan. The carrier made a net loss of $1 billion in the third quarter, compared with a $105-million profit a year earlier, Amsterdam-based VimpelCom said in a statement Friday, citing figures excluding Italian operations.
Tags: posts
loss
provision
billion
Category:Telecommunications
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||