Tuesday, May 15, 2012

Vimpelcom 1Q12 revenues increase 3% on a pro forma basis

Amsterdam-based telecoms group Vimpelcom has announced revenues of USD5.619 billion for the three months ended 31 March 2012, up 3% from USD5.481 billion one year earlier. EBITDA for 1Q12 grew 1% from USD2.285 billion to USD2.311 billion, while net income was reported at USD318 million, a drop of 29% year-on-year. CAPEX for 1Q12 dropped 13% to USD632 million


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OVETEL Vimpelcom 1Q12 revenues increase 3% on a pro forma basis

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