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VimpelCom Ltd. is a global provider of telecommunication services based in Amsterdam.
Russian OJSC VimpelCom was founded in 1992 in Moscow when VimpelCom's co-founders, Dr. 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 US, and Dr. Zimin who was a Russian scientist in his 50’s, 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, OJSC VimpelCom, then the leader of Moscow cellular market (and automaticly the largest mobile operator in Russia), became the first Russian company to have its shares listed on the New York Stock Exchange (with "VIP" as the ticker symbol).
The company's main shareholders are Telenor, a Norwegian telecom conglomerate, and Alfa Group, a vehicle of Russian tycoon Mikhail Fridman. They have been locked in a years-long struggle for control of this enterprise as well as other telecommunication assets in Eastern Europe.
In 2008, OJSC VimpelCom obtained a 49.9% stake in Euroset, the largest mobile retailer in Russia and the CIS, which formerly belonged to its founder Yevgeny Chichvarkin.
Source: Wikipedia
Russian OJSC VimpelCom was founded in 1992 in Moscow when VimpelCom's co-founders, Dr. 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 US, and Dr. Zimin who was a Russian scientist in his 50’s, 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, OJSC VimpelCom, then the leader of Moscow cellular market (and automaticly the largest mobile operator in Russia), became the first Russian company to have its shares listed on the New York Stock Exchange (with "VIP" as the ticker symbol).
The company's main shareholders are Telenor, a Norwegian telecom conglomerate, and Alfa Group, a vehicle of Russian tycoon Mikhail Fridman. They have been locked in a years-long struggle for control of this enterprise as well as other telecommunication assets in Eastern Europe.
In 2008, OJSC VimpelCom obtained a 49.9% stake in Euroset, the largest mobile retailer in Russia and the CIS, which formerly belonged to its founder Yevgeny Chichvarkin.
Source: Wikipedia