Friday, 23 February 2018

Vimpelcom posts 2013 results

Vimpelcom
Thursday 06 March 14

VimpelCom Ltd, a leading global provider of telecommunications services, today announces financial and operating results for the quarter and financial year ended December 31…

VimpelCom Ltd, a leading global provider of telecommunications services, today announces financial and operating results for the quarter and financial year ended December 31, 2013.

JO LUNDER, CHIEF EXECUTIVE OFFICER, COMMENTS:
"The net loss in the fourth quarter, and for 2013, was due to non-cash impairment charges taken on our assets in Ukraine and Canada. The underlying performance in 2013 was stable, with a small increase in our Group EBITDA margin to 42.7%, highlighting our continuing focus on cost control and the benefits resulting from procurement savings. Operating cash flows of USD 5.4 billion for the year remained strong. We remain committed to executing on our Value Agenda with a focus on customer experience, cost control and capital efficiency.”


View more of the latest press releases from across the industry or post your company's news.

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry