Vimpelcom says purchase of Millicom Lao is still on

6 Apr 2010

Vimpelcom has released a statement saying that contrary to earlier comments made by Millicom International Cellular (MIC), it is still working towards completing the acquisition of Millicom Lao. ‘We have not yet closed the transaction because we have not received approval from the Lao government,’ said the Russian company. Vimpelcom is seeking to buy a 74.8% stake in the cellco.

Russia, Beeline (Russia), TPLUS (formerly Beeline Lao), VEON