News and Media
The Creation of VimpelCom Ltd.
On 5 October 2009 Telenor and Altimo announced their agreement to combine their assets in Kyivstar and VimpelCom into a new Bermuda-registered company VimpelCom Ltd headquartered in the Netherlands.
Presentation: Telenor and Altimo to combine interests in VimpelCom and Kyivstar, 589kB, PDF
Latest updates:
(9 February 2010) VimpelCom Ltd. has today published a press release titled: VimpelCom Ltd. Announces Launch of Exchange Offer for OJSC VimpelCom Shares and American Depositary Shares.
For full release and details of the offer, please see: www.vimpelcomlimited.com
Present ownership in Kyivstar and VimpelCom
- Telenor Group holds a 33.6 per cent economic and a 29.9 per cent voting ownership share of OJSC VimpelCom in Russia through its subsidiary Telenor East Invest AS.
- Alfa Group, controlled by Mikhail Fridman, holds 44 per cent of the voting shares (37 per cent of common shares) in OJSC VimpelCom through its telecom arm Altimo.
- Telenor owns 56.5 per cent of the shares in Kyivstar, Ukraine, whilst Altimo owns 43.5 per cent through its subsidiaries Storm, Hardlake and Alpren.
