| Business Summary | | Vimpel-Communications
is
a
provider
of
wireless
telecommunications
services
in
Russia,
operating
under
the
Bee
Line
family
of
brand
names.
Currently,
the
Company's
primary
market
is
the
City
of
Moscow
and
the
Moscow
region,
which
together
constitute
the
Moscow
license
area.
The
Company's
share
of
the
subscriber
market
in
the
Moscow
license
area
was
approximately
45%
as
of
December
31,
1999.
The
Company's
licenses
to
operate
Global
System
for
Mobile
Communications
(GSM)
networks
cover
the
Moscow
license
area
and
more
than
50
administrative
regions
of
the
Russian
Federation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vimpel-Communications
is
a
provider
of
cellular
telecommunications
services
in
Russia
including
the
City
of
Moscow
and
the
Moscow
region.
At
5/30/01,
the
Group
had
approximately
1.1
million
subscribers
on
all
of
its
wireless
networks.
For
the
three
months
ended
3/31/01,
net
revenues
rose
27%
to
$79.7
million.
Net
income
totaled
$5.1
million
vs.
a
loss
of
$11.8
million.
Results
reflect
continued
growth
in
the
number
of
subscribers
and
improved
operating
margins. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
94,679;
after
tax
earnings
were
9,414. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Augie Fabela, II | Chairman | Dmitri Zimin | CEO,
Director | Jo Lunder | Pres,
COO | Mike Buinyckyi | Director
of Fin. and Compliance, | Tatiana Filonova | VP
of Fin. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|