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March 18, 2002

Golden Telecom to buy rest of Russia's Sovintel.

MOSCOW, March 18 (Reuters) - Russian telecoms firm Golden Telecom said on Monday it had signed a deal to take full control of profitable joint venture Sovintel, buying out the 50 percent owned by partner Rostelekom . The transaction - for $56 million in cash and 15 percent of Golden's shares -...

TAG: Telecommunications

January 24, 2002
VimpelCom Ltd.

VIMPEL COMMUNICATIONS Moscow, Russia Russian Telecom Sets Sights On Being Top Dogski.

Now it wants to be a front-runner of a different sort: the top wireless service provider in Russia. Right now, the Moscow-based firm is No. 2. To take the lead, VimpelCom - the first Russian firm to list on the New York Stock Exchange - must venture beyond its home city into less populated...

TAG: Telecommunications

November 27, 2001
VimpelCom Ltd.

UPDATE 2-Flood of new users swells Vimpelcom's Q3 profit.

Fledgling operations in largely untapped markets outside of Moscow also pitched in healthy user numbers. But Vimpelcom officials said the expensive regional rollout project had knocked down profits and margins and said it would continue to do so until the end of next year. The company, which...

TAG: Telecommunications

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