VimpelCom is going to invest one billion rub. in the modernization of the mobile coms in Primorye, the company informed.
This decision was made after the integration of New Telephone Company (NTK) being completed. The BeeLine network should be built in 140 population centers.
In June 2011 VimpelCom acquired 90% in NTK; in Feb. 2012 - remained 10%. In line with the terms of the deal the Company bought back 100% in NTK from KT Corporation and Summit Telecom Global Management B.V. as Sumitomo Corporation sub. in June 2013 the merger was registered in legal form.
VimpelCom (TIN 7713076301) is ranked as the second cellular operator in Russia and CIS. It has 63mln users.
The Company is included into VimpelCom Ltd. Group. The share capital is equal to 288.538ths rub. split in 51281022 common and 6426600 preferred stocks of 0.005 rub.
The IH 2013 consolidated net profit (IAS) increased 19.9% to $1.048bn from $873.714mln; operating revenues - 4.4% to $5.532bn from $5.297bn; EBITDA - 4% to $2.322bn from $2.232bn.
The IH 2013 net profit (RAS) moved up 16.7% to reach 37.241bn rub. from 31.918bn rub. prior year period; revenues - 5.5% to 142.518bn rub. from 135.1bn rub