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Vimpelcom CEO still hopes to buy Tele2 Russia from VTB

2013-08-07 02:00:00| Total Telecom industry news

Russian company posts 17% increase in net profit; plans to move shares to Nasdaq.

PTCL, Vimpelcom eye Warid Telecom

2013-07-30 04:33:00| Telecompaper Headlines

(Telecompaper) UAE-based operator Etisalat has confirmed that its affiliate Pakistan Telecommunications Co (PTCL) is interested in bidding for mobile operator Warid Telecom. The owners, the Abu Dhabi Group, have put the Pakistani mobile operator up for sale recently. Etisalat confirmed to Reuters that PTCL expressed an interest in Warid Telecom. Telecommunications group Vimpelcom is also interested in Warid, Reuters writes citing two unnamed banking sources close to the matter.

Tags: eye telecom ptcl vimpelcom

Vimpelcom to bolster network size, expand Russian market share

2013-07-16 02:00:00| Total Telecom industry news

Operator aims to match MTS, MegaFon's coverage in first half of 2014.

Tags: size share network market

Vimpelcom drops plan to buy Wind Mobile

2013-06-20 09:34:00| Telecompaper Headlines

(Telecompaper) Vimpelcom subsidiary Orascom Telecom has withdrawn its request to the Canadian government to acquire full control of Wind Mobile. Orascom said the move comes after a review process and that it will continue discussing with the government how to consolidate its interest in the operator. The company, which owns 65 percent of Wind Mobile, had been waiting for regulatory approval under the Investment Canada Act. Wind Mobile CEO Anthony Lacavera, who owns 35 percent of the company he founded, said that now that Vimpelcom has pulled back, he will seek to buy the rest of the company with help from the capital markets. Verizon and others are reportedly also considering acquiring the Canadian mobile operator.

Tags: buy plan mobile wind