AI assistant
VEON Ltd. — Regulatory Filings 2012
Dec 7, 2012
31203_ffr_2012-12-07_40bda3c9-2dad-4c79-89e7-7549ff980c3b.zip
Regulatory Filings
Open in viewerOpens in your device viewer
6-K 1 d450867d6k.htm FORM 6-K Form 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of December 2012
Commission File Number 1-34694
VimpelCom Ltd.
(Translation of registrants name into English)
The Rock Building, Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨ .
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨ .
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| (Registrant) | |
| Date: December 7, 2012 | |
| By: | /s/ Jeffrey David Mc Ghie |
| Name: | Jeffrey David Mc Ghie |
| Title: | General Counsel |
VimpelCom increases its stake in Russian mobile retailer Euroset to 50%
Amsterdam (December 7, 2012), VimpelCom Ltd. (VimpelCom, Company or Group) (NYSE:VIP), a leading global provider of telecommunications services, today announces that its fully owned subsidiary in Russia, OJSC Vimpel-Communications, has acquired 0.1% of the shares of Euroset Holding N.V. (Euroset) to increase its ownership interest to 50% of Euroset. The shares were issued by Euroset to OJSC VimpelCom subsidiary simultaneously with the acquisition of the other 50% of the shares of Euroset by Lefbord Investments Limited, a company owned by MegaFon and Garsdale Services Investment Ltd.
As a result of these transactions, VimpelCom and Lefbord have equal economic and governance rights in Euroset. Previously, VimpelCom had a minority interest in Euroset with more limited governance rights. VimpelCom expects to continue to account for Euroset using the equity method.
Commenting on todays announcement, Anton Kudryashov, Chief Executive Officer of OJSC VimpelCom, said: Euroset is a strategic partner for VimpelCom and a major distribution and customer service channel. This transaction is the next step in the process of building a more efficient and sustainable operational model between VimpelCom and the largest telecom retailer in Russia, which will help us to provide better service to our customers.
About VimpelCom
VimpelCom is one of the worlds largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Cambodia, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelComs operations around the globe cover territory with a total population of approximately 780 million people. VimpelCom provides services under the Beeline, Kyivstar, djuice, Wind, Infostrada Mobilink, Leo, banglalink, Telecel, and Djezzy brands. As of September 30, 2012 VimpelCom had 212 million mobile subscribers on a combined basis. VimpelCom is traded on the New York Stock Exchange under the symbol (VIP). For more information visit: http://www.vimpelcom.com
| Contact information | |
|---|---|
| Investor Relations | Media and Public Relations |
| VimpelCom Ltd. | VimpelCom Ltd. |
| Gerbrand Nijman | Bobby Leach |
| Investor [email protected] | [email protected] |
| Tel: +31 20 79 77 200 (Amsterdam) | Tel: +31 20 79 77 200 (Amsterdam) |
1