Vimpelcom may become a company with entirely Russian capital

VimpelCom, 100% owned by the Dutch holding Veon, may become a company with a wholly

Russian capital.This idea is discussed in the head structure of the Russian operator. Several options are being considered, including the sale of one of the Russian structures or the transfer of an asset to a domestic company with the right to repurchase within a certain time. At the moment, this is one of the shareholders' plans. VimpelCom, operating in the Russian market under the Beeline brand, provides about half of the proceeds of the Veon holding. According to experts, the loss of Beeline could be painful for the transnational holding. In turn, if the company passes into the hands of one of the Russian competitors, this will help Beeline improve communication through the sharing of communication networks. According to the data for the second quarter of 2022, revenue in Russia provided Veon with more than $1 billion, in Russia Beeline has about 47 million subscribers.