A PYMNTS Company

Russia: Vimpelcom takes control of Samara Telecom

By  |  June 26, 2016

Russian mobile operator Vimpelcom, working under the Beeline brand, has acquired 100 percent of the voting shares in regional operator Samara Telecom from Vimpelcom, the controlling shareholder of Beeline. The acquisition was carried out in order to optimise the corporate structure.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Beeline currently owns 72.22 percent of the Samara Telecom’s equity. Russian federal competition regulator FAS earlier also cleared Beeline to acquire a 38 percent stake in its subsidiary WestBalt Telecom, as well as a 22.78 percent stake in Samara Telecom.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Telecompaper

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.