VimpelCom Ltd (ADR) (VIP) was Resumed by Goldman to “Buy”. Goldman advised their Clients and Investors in a research report released on Feb 14, 2017.
VimpelCom Ltd (ADR) opened for trading at $4.12 and hit $4.26 on the upside on Friday, eventually ending the session at $4.24, with a gain of 2.42% or 0.1 points. The heightened volatility saw the trading volume jump to 63,25,073 shares. Company has a market cap of $7,449 M.
VimpelCom Ltd. (VimpelCom) is a Netherlands-based holding company. VimpelCom is a global provider of telecommunications services in 14 countries. The Company operates through six segments: Russia Italy Algeria Africa & Asia Ukraine and the Commonwealth of Independent States (CIS). The company provides voice and data services through a range of traditional and broadband mobile and fixed-line technologies. The VimpelCom Group operates in Italy and emerging markets which include companies operating in Russia Ukraine Kazakhstan Uzbekistan Tajikistan Armenia Georgia Kyrgyzstan Laos Algeria Bangladesh and Pakistan. The operations of these companies cover a territory with a total population of approximately 740 million as of December 31 2014. The Company provides services under the Beeline Kyivstar banglalink Mobilink Djezzy WIND and Infostrada brands. As of December 31 2014 the Company had 222 million mobile customers.