As an associated company, VimpelCom is an entity over which Telenor Group has significant influence, though it is not a subsidiary or a joint arrangement. Significant influence is the means to participate in the financial and operating policy decisions of the investee, but without the ability to have control over those policies.
VimpelCom Ltd. offers mobile services in 14 markets under the “Beeline”, “Kyivstar”, “Wind”, “Infostrada” “Mobilink”, “banglalink”, “Telecel”, and “Djezzy” brands. VimpelCom Ltd. is headquartered in Amsterdam, the Netherlands and listed on the New York Stock Exchange.
Telenor Group is a minority shareholder in VimpelCom Ltd., with an economic and voting interest of 23.7% in the company.
Press release: 12 September 2016
Telenor commences sale of a portion of its stake in VimpelCom Ltd.
Stock Exchange Notice: 15 September 2016
Telenor launches offering of up to USD 1,000,000,000 of bonds exchangeable for VimpelCom ADSs
Press release: 16 September 2016
Telenor announces pricing of its offering of VimpelCom ADSs
Stock Exchange Notice: 16 September 2016
Telenor announces pricing of USD 1,000,000,000 bond exchangeable for VimpelCom ADSs