PJSC VimpelCom

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For the holding company founded in 2009, see VimpelCom Ltd.
PJSC VimpelCom
(ПАО «ВымпелКом»)
Public joint-stock company
Industry Mobile, telecommunications
Predecessor KB Impuls
Founded Moscow, Russia (September 15, 1992 (1992-09-15))
Founder Dmitry Zimin & Augie K. Fabela II
Headquarters Moscow, Russia
Number of locations
 all Russian regions
Area served
 Russia & former USSR
Key people
 Mikhail Slobodin, CEO (2013)
Products Mobile networks, Internet, IPTV
Revenue Increase 7.17 billion USD (2007)[1]
Increase 2.21 billion USD (2007)[1]
Increase 1.46 billion USD (2007)[1]
Number of employees
 38 000[2]
Parent VimpelCom Ltd.
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[3] and Augie K. Fabela II[4] 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[5] and second-largest telecom[6][7] operator in Russia. VimpelCom's main competitors in Russia are Mobile TeleSystems and MegaFon.[8]

PJSC VimpelCom's headquarters is located in Moscow.[9] In 1996-2010, traded as NYSE: VIP. Now it is wholly owned by VimpelCom Ltd.

History

Old logo of PJSC VimpelCom

The company was founded in 1992 in Moscow, Russia.

The brand "Beeline" was created in 1993.

In 1996[10] OJSC VimpelCom became the first Russian company listed on the New York Stock Exchange (NYSE: VIP).[11]

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.[12]

In 2010 the ticker “VIP” was transferred to VimpelCom Ltd. holding.

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%.[13]

References

  1. ↑ 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ http://about.beeline.ru/en/management/founders.wbp?id=38f1d90f-3471-43d4-a4b3-57e9924e8ff9
  4. ↑ http://about.beeline.ru/en/management/founders.wbp?id=c8b13687-1089-4ba7-a805-57464c6ad559
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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