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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, November 24, 2009

VimpelCom Plans Capex Hike

VimpelCom, Russia's second largest mobile operator, said its revenue rose 3.5% year-on-year in the third quarter to 71.3 billion Russian rubles (2.48 billion US dollars), as its subscribers in Russia rose 13% to 51 million.

In Vietnam, a new market for VimpelCom, the operator said it had 1,071 base stations on air by the end of September, covering 24% of the total population, while in Cambodia, it had 370 base stations on air covering 47% of the total population. source: VimpelCom presentation

VimpelCom plans to increase capital spending in 2010 by 50% over 2009, according to a report by Interfax, which cites Chief Executive Boris Nemsic. source: Dow Jones/Total Telecom

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