Tuesday, March 13, 2012

Vimpelcom FY11 revenues up 7% to USD23.46bn; subscriber base up 13% to 205 million

Amsterdam-based telecoms group Vimpelcom has announced revenues of USD23.46 billion for the twelve months ended 31 December 2011, up 7% from USD21.83 billion one year earlier. EBITDA for FY11 grew 1% from USD9.28 billion to USD9.36 billion, while net income was reported at USD488 million. CAPEX for 2011 dropped 16% to USD3.17 billion.


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OVETEL Vimpelcom FY11 revenues up 7% to USD23.46bn; subscriber base up 13% to 205 million

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