Step-up in Growth for VimpelCom

VimpelCom said that its revenues in Russia grew 4.4% year-on-year in the second quarter of 2010 to 61.7 billion Russian roubles (2.01 billion US dollars), fuelled by a 5.3% rise in mobile revenues to 51.8 billion roubles.  In the first quarter, revenues in Russia grew just 2% year-on-year.

By the end of June, VimpelCom said it had almost 2.5 million broadband connections in Russia, up from 1.66 million a year earlier. Of these, 1.3 million were mobile broadband, up from 763,000 a year earlier. source: VimpelCom presentation