VimpelCom Ltd
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Formerly called
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VimpelCom Ltd. (2009–2017) |
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| Public | |
| Traded as | |
| Industry | Telecommunications |
| Predecessor | PJSC VimpelCom and Kyivstar |
| Founded | 2009 |
| Founder |
Dmitry Zimin, Augie K. Fabela II |
| Headquarters | Amsterdam, Netherlands |
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Area served
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Russia, Italy. India, Greece, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Cambodia, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic |
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Key people
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Jean-Yves Charlier (CEO)Alexey Reznikovich (Chairman of the Supervisory Board of OJSC VimpelCom) |
| Products | Mobile telephony, mobile phones retailing, international telephony, broadband Internet, IPTV, city-wide Wi-Fi, domain name registrar and others |
| Revenue |
 US$ 9.78 billion (2016) |
| Total assets |
US$ 33.85 billion (2016) |
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Number of employees
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66,000 |
| Subsidiaries | OJSC VimpelCom, KB Impuls, Kyivstar, Wind Tre |
| Website | vimpelcom |
VEON (formerly VimpelCom Ltd.) is a global provider of telecommunication services founded in 2009, incorporated in Bermuda and headquartered in Amsterdam. It is the sixth largest mobile network operator in the world by subscribers (as of April 2012) with 214 million customers (as per December 31, 2012) in 18 countries. Most of the company's revenue comes from Russia (39%) and Italy (31%).
VEON's brands include Beeline (in Russia and CIS), Kyivstar (in Ukraine), Wind Tre in Italy and Greece, Djezzy (in Algeria), Mobilink (in Pakistan), Banglalink (in Bangladesh), and others.
Veon Shareholder Structure:
Russian PJSC VimpelCom was founded in 1992 in Moscow when VimpelCom's co-founders, Dmitry Zimin and American Augie K. Fabela II came together to pioneer the Russian mobile industry. Augie Fabela, who was then a young entrepreneur from the United States, and Zimin, who was a Russian scientist in his fifties, together launched the Beeline brand in 1993.
The company was one of the first mobile carriers in Russia. Its name derives from вымпел, the Russian word for pennon.
In 1996, PJSC VimpelCom, then the leader of Moscow cellular market (and automatically the largest mobile operator in Russia), became the first Russian company to have its shares listed on the (with "VIP" as the ticker symbol).
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