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 33% in the company.