Vimpelcom sees sales rise

16 Feb 2006

Vimpelcom, the second largest Russian mobile operator, has reported a 49% increase in annual sales in 2005, to USD3.2 billion. The OIBDA (operating income before depreciation and amortisation) margin grew from 47.8% in 2004 to 49% last year. The figures were provided by Vimpelcom’s 32.9% shareholder Altimo. Vimpelcom had around 45 million subscribers at the end of 2005, up from 26.5 million a year earlier.

Russia, Beeline (Russia), VEON