Russia Rebounds for VimpelCom

Lifted by growth in its mobile business, VimpelCom said that revenues generated by its Russian operations rose 1.9% year-on-year in the first quarter of 2010 to 57.4 billion Russian roubles (1.84 billion US dollars). But a reduction in interconnection rates dragged down revenues in its recently-acquired Kyivstar business in the Ukraine by almost 5% to 2.57 billion Ukranian hryvnia (324 million US dollars). source: VimpelCom presentation