Technology

VEON announced its intention to sell the Russian VimpelCom. News of the day in the world and Russia today

VEON announced the start of the process of selling the Russian business, of which VimpelCom, the owner of the Beeline brand, is a part.

The Dutch holding indicated that it is exploring options to achieve the best possible outcome for all stakeholders, including shareholders, creditors, customers and employees operating in Russia and abroad. The corresponding message was published on the company’s website.


In the comments “Lente.ru” VimpelCom representative stressed that many companies have gone through similar changes in management.



Regardless of the final corporate structure, Beeline’s strategy remains unchanged, and our customers and continuous quality service will always remain at the center of the company’s business,” —

he pointed out.

Due to the presence of a foreign holding from an unfriendly country in the list of shareholders, VimpelCom faced many regulatory restrictions, the company’s press service explained. As a result, she was in a less advantageous position compared to competitors.

Veon was founded by Russian businessman Dmitry Zimin, who died last December. It is registered in Bermuda and is headquartered in Amsterdam. The holding owns assets in Asia, Africa and the CIS countries.

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