PJSC VimpelCom
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Company type | Public joint-stock company |
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Industry | Mobile, telecommunications |
Predecessor | KB Impuls |
Founded | Moscow, Russia (September 15, 1992 ) |
Founder | Dmitry Zimin & Augie K. Fabela II |
Headquarters | Moscow , Russia |
Number of locations | all Russian regions |
Area served | Russia |
Key people | Mikhail Slobodin, CEO (2013) |
Products | Mobile networks, Internet, IPTV |
Revenue | ![]() |
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Number of employees | 38,000[3] |
Parent | Veon |
Divisions | Golden Telecom |
Website | about.beeline.ru/en/ |
PJSC VimpelCom (Russian: ПАО «ВымпелКом» or full name Russian: ПАО «Вымпел-Коммуникации», PAO «Vympel-Kommunikatsii») is a Russian telecommunications company started in 1992 when its co-founders, Dr. Dmitry Zimin[4] and Augie K. Fabela II[5] came together to pioneer the Russian mobile industry. Augie Fabela, who was then a young entrepreneur from the US, and Dr. Zimin who was a Russian scientist in his 50’s, together launched the Beeline brand.
PJSC VimpelCom is the third-largest wireless[6] and second-largest telecom[7][8] operator in Russia. VimpelCom's main competitors in Russia are Mobile TeleSystems and MegaFon.[9]
PJSC VimpelCom's headquarters is located in Moscow.[10] In 1996-2010, traded as NYSE: VIP. It is wholly owned by Veon.
History
![](http://upload.wikimedia.org/wikipedia/commons/thumb/9/92/%D0%94%D0%BC%D0%B8%D1%82%D1%80%D0%B8%D0%B9_%D0%97%D0%B8%D0%BC%D0%B8%D0%BD.jpg/120px-%D0%94%D0%BC%D0%B8%D1%82%D1%80%D0%B8%D0%B9_%D0%97%D0%B8%D0%BC%D0%B8%D0%BD.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/f/f1/Vimpelcom_logo.svg/220px-Vimpelcom_logo.svg.png)
The company was founded in 1992 in Moscow, Russia and initially operated AMPS/D-AMPS network in Moscow and Moscow Oblast.
The brand "Beeline" was created in 1993.
In 1996[11] OJSC VimpelCom became the first Russian company listed on the New York Stock Exchange (NYSE: VIP).[12]
In 1997 the company began GSM network roll-out and in 2001 it started GSM networks throughout Russia's regions.
On February 29, 2008 OJSC VimpelCom completed a merger with Golden Telecom. In October 2008 OJSC VimpelCom acquired a 49.9% stake in Euroset, the largest mobile retailer in Russia and the CIS.[13]
In 2010 the ticker “VIP” was transferred to VimpelCom Ltd. holding. In February 2017, VimpelCom renamed itself Veon, after the messaging platform that it had developed.[14]
Restatement
On April 14, 2005, the company decreased its net income in 2002 and 2003 as a result of this restatement : 2002 - $2.8 million or 2.2%, 2003 - $5.2 million or 2.2%.[15]
References
- ^ Financial overview.
{{cite book}}
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(help) - ^ a b VimpelCom 2007 Form 20-F (PDF). pp. 3–4. Retrieved 2008-07-03.
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(help) - ^ "Бюйaмяхх". About.beeline.ru. Retrieved 2013-09-22.
- ^ http://about.beeline.ru/en/management/founders.wbp?id=38f1d90f-3471-43d4-a4b3-57e9924e8ff9
- ^ http://about.beeline.ru/en/management/founders.wbp?id=c8b13687-1089-4ba7-a805-57464c6ad559
- ^ Фото: Дмитрий Лекай / Коммерсантъ (2010-05-25). "Ъ-Газета - "МегаФон" больше не третий". Kommersant.ru. Retrieved 2013-09-22.
- ^ "Интернет-издание о высоких технологиях". Cnews.ru. Retrieved 2013-09-22.
- ^ Фото: Николай Цыганов / Коммерсантъ (2012-03-13). "Ъ-Online - "Большая тройка" отчиталась". Kommersant.ru. Retrieved 2013-09-22.
- ^ "Svyazinvest Puts Cell Assets Up for Sale". Kommersant. 2007-06-25. Archived from the original on 2011-06-06. Retrieved 2008-07-03.
{{cite news}}
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suggested) (help) - ^ "VimpelCom - Contacts". Archived from the original on 2008-07-02. Retrieved 2008-07-03.
{{cite web}}
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suggested) (help) - ^ "NYSE Euronext Timeline". Archived from the original on 2015-05-08.
{{cite web}}
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suggested) (help) - ^ Kramer, Andrew E. "Vimpelcom". New York Times.
- ^ "About company". About.beeline.ru. Archived from the original on 2013-04-16. Retrieved 2013-09-22.
{{cite web}}
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suggested) (help) - ^ "Google and Facebook face an unlikely competitor in emerging markets: a telecom giant". Quartz. Retrieved 6 March 2017.
- ^ "VimpelCom Announces Fourth Quarter and Annual 2004 Financial and Operating Results;- 61% Year-on-Year Increase in Total Operating Revenues -".
External links
![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)