Company type | Public joint-stock company |
---|---|
Industry | Mobile, telecommunications |
Predecessor | KB Impuls |
Founded | Moscow, Russia (September 15, 1992 ) |
Founder | Dmitry Zimin & Augie K. Fabela II |
Headquarters | Moscow , Russia |
Number of locations | all Russian regions |
Area served | Russia |
Key people | Aleksander Torbakhov (CEO) |
Products | Mobile networks, Internet, IPTV |
Revenue | 4.65 billion USD (2018)[1] |
2.21 billion USD (2007)[2] | |
1.46 billion USD (2007)[2] | |
Number of employees | 28,500[3] |
Divisions | Golden Telecom |
Website | about |
PJSC VimpelCom (Russian: ПАО «ВымпелКом» or full name Russian: ПАО «Вымпел-Коммуникации», PAO «Vympel-Kommunikatsii») is a Russian telecommunications company started in 1992 when its co-founders, Dr. Dmitry Zimin[4] and Augie K. Fabela II[5] came together to pioneer the Russian mobile industry. Augie Fabela, who was then a young entrepreneur from the US, and Dr. Zimin who was a Russian scientist in his 50s, together launched the Beeline brand.
PJSC VimpelCom is the third-largest wireless[6] and second-largest telecom[7][8] operator in Russia. VimpelCom's main competitors in Russia are Mobile TeleSystems and MegaFon.[9]
PJSC VimpelCom's headquarters is located in Moscow.[10] In 1996-2010, traded as NYSE: VIP. It was wholly owned by VEON, although in the process of being sold after VEON announced the sale of their Russian operations in November 2022. In 2022, the company's revenue amounted to 280 billion rubles.[11] VEON completed the sale of PJSC Vimplecom in October 2023, with Aleksander Torbakhov serving as PJSC Vimplecom CEO.[12]