Sunday, 20 August 2017

Vimpelcom swings to $801m Q4 profit

By Nick Wood, Total Telecom
Wednesday 06 March 13

Russian telco's top line edges up on growth in mobile data revenues.

Vimpelcom on Wednesday swung to a fourth quarter net profit of $801 million after a revaluation of its 50% stake in Russian handset retailer Euroset boosted pretax earnings by $606 million. "I am very pleased to report strong performances from all of our business units in the fourth quarter of 2012…

Vimpelcom on Wednesday swung to a fourth quarter net profit of $801 million after a revaluation of its 50% stake in Russian handset retailer Euroset boosted pretax earnings by $606 million. "I am very pleased to report strong performances from all of our business units in the fourth quarter of 2012…

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