Monday, 05 December 2016

Vimpelcom to pay $795m Uzbekistan settlement, regrets wrongdoing

By Mary Lennighan, Total Telecom
Friday 19 February 16

Telco agrees to oversight by an independent compliance monitor; Unitel business pleads guilty wih DOJ.

Vimpelcom on Thursday disclosed that the settlements it has reached with U.S. and Dutch authorities following their investigations of its conduct in Uzbekistan will cost it US$795 million. The Russian-owned operator earlier in the week disclosed that it had reached agreement with the Securities and Exchange Commission…

Vimpelcom on Thursday disclosed that the settlements it has reached with U.S. and Dutch authorities following their investigations of its conduct in Uzbekistan will cost it US$795 million. The Russian-owned operator earlier in the week disclosed that it had reached agreement with the Securities and Exchange Commission…

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