VimpelCom


Russia approves VimpelCom sale on condition

The Russian government commission on foreign investment has approved the sale of VimpelCom to Russian management on the condition that at least 90% of bonds issued by it’s Dutch parent’s company Veon are in favor of Russian investors, reported the state-owned news agency RIA. The Netherlands-based holding company Veon sold its Russian operation VimpelCom, which […]

Veon sells Russian operation to management

Netherlands-based holding company Veon has sold its Russian operation VimpelCom, which operates under the Beeline brand, to its management. The company said that following a competitive process, it had entered into an agreement to sell its Russian operations to certain senior members of the management team led by current CEO Aleksander Torbakhov. The management buy-out […]

Veon to sell Russia’s Beeline

Dutch-based telecom holding company Veon has said that it is conducting a competitive sales process in relation to its Russian operations. Veon operates the VimpelCom Beeline-branded multiplay operator in Russia. “Veon’s management is currently exploring options in an effort to ensure that an optimal outcome is achieved for all relevant stakeholders, including Veon, its Russian […]

Beeline launches ‘4in1’ streaming and pay TV combination

Russian service provider Vimpelcom, which operates under the Beeline brand, has launched a new ‘four-in-one’ package that aggregates local streaming services More.tv, ViP Play and Ivi along with its own Beeline TV offering. The operator says that the combined offering gives users a deep discount on subscribing to all four services separately. More.tv gives Beeline […]

Russia’s Beeline sees boost from TV as COVID-19 hits mobile

Russian service provider Veon, which operates the Beeline brand, saw its TV subscriber base jump by over half in the year to June 30, taking it to over 2.3 million subscribers. Speaking to analysts after the company posted its quarterly results, Co-CEO Kaan Terzioglu said that Veon’s Beeline digital TV customer base was “now 50% […]

Beeline adds More.tv SVOD offering, names new CFO

Russian service provider VimpelCom, which operates under the Beeline brand has launched National Media Group-owned subscription video-on-demand offering Bilayn TV (More.tv) on its platform. More.tv, which is aimed at a broad family audience, includes premieres of Russian series ahead of their terrestrial TV airing and international series at the time of their international release, along […]

ER-Telecom and Beeline make new appointments

Russian service provider ER-Telecom has named a new chairman and set about reorganising its structure across the country. The service provider has named Andrey Semerikov as chairman, replacing Elena Ivashentseva who will continue to sit on the company’s board. Semerikov served as CEO of ER-Telecom from 2001-18, after which he became deputy chairman. He also […]

Veon names interim Beeline CEO

Russia’s Veon has named Viktor Biryukov as interim CEO of its domestic service provider arm, VimpelCom/Beeline. Biryukov will combine the chief executive role with his existing remit as EVP of legal affairs and corporate relations. His appointment follows the announcement last week that Vasyl Latsanych, Beeline’s current CEO, is to step down at the end […]

Russia’s Beeline appoints new CEO

Russian telco and wireless provider, Beeline, has named former MTS Group executive Vasyl Latsanych as its next chief executive. Latsanych, who has spent more than 16 years in telecoms – most of it with rival telco MTS Group in a number of senior roles – is due to take up his new post on January […]

Vimpelcom rebrands as Veon, sets new company direction

Russian service provider VimpelCom has rebranded to Veon as part of its efforts to transform itself “from a telco to a global tech company”. Veon said it is undergoing a “reinvention” based around the rollout of its new Veon-branded internet platform – a service that it launched in Italy in Q4 2016 and now aims […]

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