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Wednesday, May 4, 2011

VimpelCom,Telecom,Telecom News,Orascom Telecom,TechRecur.com,Technology News,Wind Mobile,GTEL,GTEL-Mobile,TechNews,VIMPELCOM AGREES ON FURTHER FINANCING OF ITS VIETNAMESE OPERATIONS | Latest Technology Reviews, News and Trends on Mobile Phones, Mobile Apps, TabletPC, Laptop, LTE, 3G, 4G, Cloud Computing

Amsterdam and New York (April 26, 2011) – “VimpelCom Ltd” (“VimpelCom” or the “Company”) (NYSE: VIP), one of the world’s largest integrated telecommunications services operators, announced today that it has agreed with its local partner in Vietnam on a financing plan for its Vietnamese joint venture, GTEL-Mobile Joint Stock Company (“GTEL-Mobile”), that could result in the Company providing investments in total of up to US$500 million through 2013.