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Nokia Corp (ADR) (NYSE:NOK) And VimpelCom Ltd (ADR) (NASDAQ:VIP) Sign Five-Year Managed Services Contract For Management Of Fixed, Mobile And Transport Networks

Nokia Corp (ADR) (NYSE:NOK) and VimpelCom Ltd (ADR) (NASDAQ:VIP), a Russian communications and technology firm, have entered into a five year agreement that will see Nokia supply VimpelCom with managed services for its mobile, fixed and transport network operations Nokia, which has been VimpelCom’s network service manager in Central Russia, will now expend the scoop […]

VimpelCom Ltd. (NASDAQ:VIP) Supports Telenor ASA’s Potential Plan To Sell VimpelCom Shares, Issues Q2 Results

Jean-Yves Charlier, VimpelCom Ltd. (NASDAQ:VIP) CEO, confirmed in a recent interview that the company is open to the possibility that Telenor ASA, its co-owner, may offer its VimpelCom shares in a public offering in the US market. In other news, the company has released its latest earnings report on Thursday. Q2 Financial Highlights During the […]

VimpelCom Ltd (ADR) (NASDAQ:VIP) Welcomes New Members In Its Supervisory Board

Boston, MA 10/07/2014 (wallstreetpr) – NVimpelCom Ltd (ADR) (NASDAQ:VIP) has informed about the change of personnel in its Supervisory Board. As per the latest press release published by the company, Gennady Gazin is all set to replace Leonid Novoselsky as a member of the Supervisory board following approval from the board in this regard. It is […]

Mobile TeleSystems OJSC (ADR) (NYSE:MBT) Expects To Grow Sales By 5 Percent In 2014

Boston, MA 05/29/2014 (wallstreetpr) – Mobile TeleSystems OJSC (ADR) (NYSE:MBT) is a $19 billion telecom company based in Russia. The company provides a wide range of telecom services that capture both wireless and wire line segments. Its latest quarterly performance showed significant improvement across its various segments. The company expects to grow its sales by […]

VimpelCom Ltd (ADR) (NASDAQ:VIP) Sells its 51% Stake in Djezzy to Algerian Government

Boston, MA 05/06/2014 (wallstreetpr) – VimpelCom Ltd (ADR) (NASDAQ:VIP) has confirmed the sale of its 51% stake in Djezzy as part of efforts to resolve an ownership dispute that has been raging for quite some time. The sale was made to the Algerian government giving VimpelCom additional $4 billion in cash and dividends, as part […]

Spotted: Yandex NV (NASDAQ:YNDX), FuelCell Energy Inc (NASDAQ:FCEL), Rite Aid Corporation (NYSE:RAD)

Boston, MA 03/04/2014 (wallstreetpr) – Yandex NV (NASDAQ:YNDX) changed hands for as low as $31.55 per share in Monday trading. Eventually the stock closed the day down more than 14 percent to $32.23. The stock was clearly troubled by Russia’s invasion of Ukraine, a move that has heightened political tension in the region and attracted […]

Milestone Stocks: VimpelCom Ltd (ADR) (NASDAQ:VIP), Delta Air Lines, Inc. (NYSE:DAL), Merck & Co., Inc. (NYSE:MRK)

Boston, MA 01/29/2014 (wallstreetpr) – VimpelCom Ltd (ADR) (NASDAQ:VIP) sank its lowest since 2012 in Tuesday trading after the multinational company withheld final dividend for 2013 and declared that future dividend payouts will be lower. What the company is trying to do is fixing its problems, and more so, preparing for the hard times when […]