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4-Traders Homepage  >  Equities  >  Nyse  >  VimpelCom Ltd (ADR)    

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Resignation Of Russian Telecom Regulator May Delay LTE Tenders

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04/16/2012 | 10:26am CEST

Tenders for Long Term Evolution frequencies for Russian telecommunications operators may be delayed following the resignation of Igor Slyunyaev as governor of the Kostroma region.

Sergey Sitnikov, the head of Roskomnadzor, Russia's telecoms oversight regulator, has been appointed acting governor in his place. The regulator is responsible for organising the tenders.

Tenders from Mobile Telesystems (MBT), VimpelCom (>> VimpelCom Ltd (ADR)), MegaFon and Rostelecom (RTKM.RS) have already been delayed by several months, leaving companies such as Scartel and Osnova Telekom, which already have the frequencies, ahead of the game, industry experts say.

-By Moscow Bureau, Dow Jones Newswires; +7 495 232 9192

Stocks mentioned in the article : VimpelCom Ltd (ADR)
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Financials ($)
Sales 2016 8 809 M
EBIT 2016 1 317 M
Net income 2016 1 020 M
Debt 2016 6 464 M
Yield 2016 1,76%
P/E ratio 2016 7,08
P/E ratio 2017 10,05
EV / Sales 2016 1,44x
EV / Sales 2017 1,30x
Capitalization 6 219 M
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 5,37 $
Spread / Average Target 52%
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NameTitle
Kjell-Morten Johnsen Chief Executive Officer & Director
Alexey M. Reznikovich Chairman-Supervisory Board
Andrew Mark Davies Chief Financial Officer
Yogesh Sanjeev Malik Chief Technology Officer
Mikhail Maratovich Fridman Member-Supervisory Board
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