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Consolidated COI edit request: corporate status, VEON distinction, operations and MVNO hosting

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Latest comment: 1 day ago1 comment1 person in discussion

I have a paid conflict of interest concerning Beeline and PJSC VimpelCom, as disclosed at User:David Osipov#Paid contributions. Please review the proposed changes below.

AI assistance was used to prepare and check this draft.

Article version: 16 June 2026. Leave material outside the specified changes unchanged.

1. Corporate status, management and financial results

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1a. Lead

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Action: Replace the three prose paragraphs between the infobox and History with the following. Keep the existing hatnote, founding date, founders and illustrations.

PJSC VimpelCom (ПАО «ВымпелКом»; full legal name Публичное акционерное общество «Вымпел-Коммуникации») is a Russian telecommunications company headquartered in Moscow. It provides mobile and fixed-line communications under the Beeline brand and develops digital business services, including advertising, cloud services and cybersecurity.[1][2][3]

The company was founded in 1992.[4] On 9 October 2023, VEON completed the sale of its Russian business to members of VimpelCom's management team, ending its ownership of the company.[5]

In its consolidated results for 2025, VimpelCom reported operating revenue of RUB 334.674 billion and net income of RUB 23.504 billion.[6]

1b. Infobox fields

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Action: Replace the following fields in the existing infobox, adding the year fields if needed.

| type = [[Subsidiary]]<ref name="vc-coi-20261002-shareholder">{{cite web |url=https://e-disclosure.azipi.ru/messages/4508634/ |title=Решения единственного акционера (участника) |trans-title=Decisions of the sole shareholder (participant) |author=ПАО «ВымпелКом» |publisher=AZIPI disclosure service |date=5 March 2026 |language=ru |at=Sections 1.1–1.2 and 2.1; decision dated 4 March 2026 |access-date=2 October 2026}}</ref>
| key_people = Sergei Anokhin (CEO)<ref name="vc-coi-20261002-ceo">{{cite news |url=https://interfax.com/newsroom/top-stories/104935/ |title=Vimpelcom board elects former Rostelecom CFO Anokhin as CEO |work=Interfax |date=8 August 2024 |access-date=2 October 2026}}</ref><ref name="vc-coi-20261002-report-management">{{cite report |url=https://static.beeline.ru/upload/images/Documents/about/Godovoy-otchyet-PAO-Vimpelcom-za-2025-god.pdf |title=Годовой отчёт ПАО «ВымпелКом» за 2025 год |trans-title=PJSC VimpelCom annual report for 2025 |publisher=PJSC VimpelCom |year=2026 |language=ru |pages=98–99 |access-date=2 October 2026}}</ref>
| revenue = [[Russian ruble|RUB]] 334.674 billion<ref name="vc-coi-20261002-fy2025">{{cite news |url=https://www.akm.ru/eng/news/vimpelcom-s-net-profit-increased-by-25-4-in-2025/ |title=VimpelCom's net profit increased by 25.4% in 2025 |work=AK&M |date=26 February 2026 |access-date=2 October 2026}}</ref>
| revenue_year = 2025
| net_income = RUB 23.504 billion<ref name="vc-coi-20261002-fy2025">{{cite news |url=https://www.akm.ru/eng/news/vimpelcom-s-net-profit-increased-by-25-4-in-2025/ |title=VimpelCom's net profit increased by 25.4% in 2025 |work=AK&M |date=26 February 2026 |access-date=2 October 2026}}</ref>
| net_income_year = 2025
| num_employees = 28,500<ref name="vc-coi-20261002-report-profile">{{cite report |url=https://static.beeline.ru/upload/images/Documents/about/Godovoy-otchyet-PAO-Vimpelcom-za-2025-god.pdf |title=Годовой отчёт ПАО «ВымпелКом» за 2025 год |trans-title=PJSC VimpelCom annual report for 2025 |publisher=PJSC VimpelCom |year=2026 |language=ru |pages=12–13 |access-date=2 October 2026}}</ref>
| num_employees_year = 2025
| parent = JSC Copernicus-Invest 3<ref name="vc-coi-20261002-shareholder">{{cite web |url=https://e-disclosure.azipi.ru/messages/4508634/ |title=Решения единственного акционера (участника) |trans-title=Decisions of the sole shareholder (participant) |author=ПАО «ВымпелКом» |publisher=AZIPI disclosure service |date=5 March 2026 |language=ru |at=Sections 1.1–1.2 and 2.1; decision dated 4 March 2026 |access-date=2 October 2026}}</ref>
| suppressfields = operating_income

Remove: the 2007 operating_income, its associated income_year, and divisions = Golden Telecom. Add operating_income to any existing suppressfields list without removing its other entries; check the suppression in preview. Preserve the historical Golden Telecom transaction in History and leave all unlisted infobox fields unchanged.

1c. Owners and management

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Action: Replace the two CEO/president lines under Owners and management with the following, retaining the section heading.

JSC Copernicus-Invest 3 (АО «Коперник-Инвест 3») is VimpelCom's direct shareholder. A disclosure published on 5 March 2026 identifies it as the holder of all voting shares.[1][7]

Sergei Anokhin became chief executive officer on 2 September 2024, succeeding Alexander Torbakhov.[8] The 2025 annual report identifies Anokhin as CEO and Alexander Pankov as president; Pankov was appointed on 16 October 2023.[9]

1d. Annual and interim financial results

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Action: Within Operations (item 3), add === Financial results === after Digital services and acquisitions and before MVNO hosting. Insert the table and paragraphs below.

VimpelCom reported the following consolidated financial figures:[6][10]

Selected consolidated financial figures (RUB billion, except ratios)
Measure 2024 2025
Operating revenue 310.716 334.674
Service revenue 288.808 315.040
Net income 18.739 23.504
EBITDA 133.223 142.776
Finance costs (expense)[11] 42.344 51.143
Net debt at year-end (company definition)[11] 320.235 343.633
Net debt / EBITDA (times)[11] 2.40 2.41

For the first half of 2026, VimpelCom reported IFRS operating revenue of RUB 176.063 billion, compared with RUB 158.063 billion a year earlier. Profit attributable to the company's owners was RUB 4.6 billion, down from RUB 14.8 billion, while operating profit declined to RUB 25.772 billion from RUB 37.528 billion.[12]

On 19 December 2025, National Credit Ratings affirmed VimpelCom's AA.ru credit rating on the Russian national scale with a stable outlook.[13]

2. Distinguish the Russian operating company from the international holding company

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2a. Holding-company formation, ticker and renaming

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Action: Replace the History paragraph beginning with the 2010 ticker transfer and ending with the February 2017 renaming with the following. Retain the separate 1996 NYSE history.

In 2009–2010, Alfa Group and Telenor combined their interests in the Russian VimpelCom business and Kyivstar under VimpelCom Ltd., a holding company incorporated in Bermuda on 5 June 2009.[7][4] In April 2010, the holding company announced completion of an exchange offer for the Russian operator's shares and American depositary shares, with regular trading of the holding company's depositary receipts under the NYSE ticker VIP scheduled to start on 22 April.[14] On 30 March 2017, VimpelCom Ltd. changed its name to VEON Ltd.[4]

2b. Orascom attribution

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Action: Remove only Orascom Telecom Holding S.A.E. from the list of acquisitions attributed to PJSC VimpelCom, adjusting the adjoining punctuation. Retain the other listed acquisitions and their sources.

Source: The 15 April 2011 transaction announcement identifies the acquirer as VimpelCom Ltd. and explains that its combination with Wind Telecom gave the holding company an indirect 51.7% interest in Orascom Telecom. It does not identify PJSC VimpelCom as the acquirer.[15]

2c. Completion of the Russian-business sale and brand licensing

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Action: Append the following to the History paragraph describing the November 2022 sale agreement. Retain that dated agreement announcement and its existing source.

The sale was completed on 9 October 2023; the purchasing management team was led by the then CEO, Alexander Torbakhov.[5]

According to VEON's 2025 annual report, the Beeline trademark remained with VimpelCom. VEON's operating companies in Kazakhstan and Uzbekistan used the name and associated marks under non-exclusive licence agreements amended after the 2023 sale, each with an initial five-year term.[16]

3. Operations: network, digital services and acquisitions

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Action: Create == Operations == after History and immediately before Owners and management. Include the network paragraphs in item 3a, Digital services and acquisitions from item 3b, Financial results from item 1d and MVNO hosting from item 4, in that order.

3a. Network development and investment

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At the end of 2025, VimpelCom's network comprised 243,900 base stations.[17] During the year, the company deployed more than 37,000 new base stations and reported capital expenditure of RUB 79.5 billion.[18]

In a report published in December 2025, National Credit Ratings stated that VimpelCom's backbone network extended for more than 191,000 km.[13]

On 1 December 2021, VEON completed the sale to Service-Telecom of National Tower Company, which owned approximately 15,400 mobile network towers in Russia. The transaction was accompanied by a long-term master tower agreement between PJSC VimpelCom and Service-Telecom.[19]

3b. Digital services and acquisitions

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Action: Add === Digital services and acquisitions === after the network paragraphs and before Financial results.

VimpelCom's 2025 annual report describes business services including cloud telephony and virtual private branch exchanges, cloud contact centres, cloud infrastructure, cybersecurity, content delivery, speech analytics, and platforms for managing SIM cards in internet-of-things devices.[20]

In December 2021, VimpelCom acquired IBS DataFort, a provider of cloud infrastructure and information-security services.[21] It acquired 95% of CDNvideo in August 2023; in April 2026, AK&M reported that it had bought the remaining 5%.[22] On 22 November 2023, it acquired 51% of Callibri, a platform for marketing analytics, customer communications and lead management.[23]

In April 2025, VimpelCom acquired Spectrum, a provider of application-to-person messaging services,[24] and a direct 44% stake in speech-analytics developer Voca-Tech. Another 20% of Voca-Tech was held by Hive, a company in VimpelCom's group.[25] According to its published 2025 accounts, the purchases of 100% of Spectrum and 44% of Voca-Tech cost a combined RUB 3.1 billion.[26]

4. MVNO hosting infrastructure, projects and strategy

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Action: Add === MVNO hosting === within Operations, after Financial results. Insert the proposed paragraphs in items 4a–4e in that order.

4a. Smart MVNO, signed agreements and hosted-operator scale

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In September 2025, VimpelCom launched Smart MVNO (S-MVNO), a Beeline-branded wholesale offering for partner-branded mobile services on its network.[27][28] The company identified Bezlimit as its development partner and first user.[28] By January 2026, VimpelCom said it had signed more than 20 agreements with partners in fintech, retail, digital services, construction and education.[29]

ComNews Research reported that more than 40 MVNOs were using VimpelCom's infrastructure by May 2026. This was a count of hosted MVNOs, not solely Smart MVNO projects.[30] The same research estimated total Russian MVNO revenue at RUB 111 billion in 2025 and the number of SIM cards at more than 40 million, including machine-to-machine connections.[30][31]

4b. Identified Smart MVNO implementations

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In December 2025, VimpelCom, operating as Beeline, and China Mobile International launched CMLink in Russia. The service links Chinese and Russian numbers to one SIM card; Beeline provides mobile data and domestic calls in Russia. VimpelCom's chief executive described the implementation as using Smart MVNO.[32][33]

ComNews Research identified Solidarnost Mobile, Bezlimit and Dobrosvyaz as Smart MVNO projects. Dobrosvyaz launched in April 2026 and had approximately 30,000 subscribers by June.[30]

In June 2026, Russian Post launched Russian Post Mobile as a Smart MVNO pilot on VimpelCom's network in the Tver and Kaliningrad regions and Yakutia. In that project, VimpelCom supplied the network and technical platform while Russian Post offered mobile services under its own brand.[34]

In August 2026, Beeline announced Khorovod Mobile, a Smart MVNO service for the nonprofit Obnimayu Serdtsem. The announcement described an arrangement under which part of subscribers' tariff payments would support the organisation's inclusion projects.[35]

4c. Other hosting partnerships

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VimpelCom also hosts Alfa-Mobile.[30] In April 2026, it and T-Bank's T-Mobile announced a partnership to add VimpelCom as T-Mobile's third host network alongside T2 and MTS.[36] In June, the companies signed a commercial-launch agreement and announced an imminent start on VimpelCom's infrastructure in the Amur region and Yakutia.[37]

4d. Dated market targets and the carrier business

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In May 2025, VimpelCom announced a target of 25% of the Russian MVNO market by 2028 and identified banks, retailers, technology companies and regional broadband providers as prospective partners.[38] A January 2026 statement to ComNews put the target at 30% by 2028.[29] In a report published on 5 June 2026, Forbes quoted Sergei Bykov, Beeline's vice-president for the carrier business, as stating a target of 25% by 2028.[39]

The company's 2025 annual report attributed growth in its carrier-segment revenue partly to higher income from MVNO services, alongside backbone internet and content-delivery-network services.[10]

The same June 2026 Forbes report quoted Bykov as saying that revenue from Beeline's MVNO business had exceeded RUB 1 billion; the reporting period for that amount was not specified.[39]

4e. Attributed assessment of hosting-market position

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In its June 2026 assessment, ComNews Research characterised Beeline as a "rising leader or operator of first choice" among MVNO hosts, while reporting that T2 had led the host market in 2025 by hosted operators and subscribers.[30]

References

  1. 1 2 ПАО «ВымпелКом» (5 March 2026). "Решения единственного акционера (участника)" [Decisions of the sole shareholder (participant)] (in Russian). AZIPI disclosure service. Sections 1.1–1.2 and 2.1; decision dated 4 March 2026. Retrieved 2 October 2026.
  2. ↑ Годовой отчёт ПАО «ВымпелКом» за 2025 год [PJSC VimpelCom annual report for 2025] (PDF) (Report) (in Russian). PJSC VimpelCom. 2026. pp. 12–13. Retrieved 2 October 2026.
  3. ↑ "Russia's VimpelCom shifting to active development, preparing updated strategy - CEO". Interfax. 19 December 2024. Retrieved 2 October 2026.
  4. 1 2 3 Annual Report on Form 20-F for the year ended 31 December 2016 (Report). VEON Ltd. 3 April 2017. pp. 43–45. Retrieved 2 October 2026.
  5. 1 2 Alexander Marrow (9 October 2023). "Veon completes Russia exit as Vimpelcom sale closes". Reuters. Retrieved 2 October 2026.
  6. 1 2 "VimpelCom's net profit increased by 25.4% in 2025". AK&M. 26 February 2026. Retrieved 2 October 2026.
  7. 1 2 "Top manager from Alfa Group takes helm of VimpelCom's holding structure". Interfax. 23 May 2025. Retrieved 2 October 2026.
  8. ↑ "Vimpelcom board elects former Rostelecom CFO Anokhin as CEO". Interfax. 8 August 2024. Retrieved 2 October 2026.
  9. ↑ Годовой отчёт ПАО «ВымпелКом» за 2025 год [PJSC VimpelCom annual report for 2025] (PDF) (Report) (in Russian). PJSC VimpelCom. 2026. pp. 98–99. Retrieved 2 October 2026.
  10. 1 2 Годовой отчёт ПАО «ВымпелКом» за 2025 год [PJSC VimpelCom annual report for 2025] (PDF) (Report) (in Russian). PJSC VimpelCom. 2026. pp. 60–62. Retrieved 2 October 2026.
  11. 1 2 3 Годовой отчёт ПАО «ВымпелКом» за 2025 год [PJSC VimpelCom annual report for 2025] (PDF) (Report) (in Russian). PJSC VimpelCom. 2026. pp. 64–65. Retrieved 2 October 2026.
  12. ↑ "VimpelCom's profit under IFRS fell 3 times in the first half of the year". AK&M. 13 August 2026. Retrieved 2 October 2026.
  13. 1 2 "НКР подтвердило кредитный рейтинг ПАО «ВымпелКом» на уровне AA.ru, прогноз — стабильный" [NCR affirms PJSC VimpelCom at AA.ru with a stable outlook] (in Russian). National Credit Ratings. 19 December 2025. Retrieved 2 October 2026.
  14. ↑ "VimpelCom Ltd. Successfully Completes Exchange Offer for OJSC VimpelCom Shares and American Depositary Shares". PR Newswire (Press release). VimpelCom Ltd. 21 April 2010. Retrieved 2 October 2026.
  15. ↑ "VimpelCom Completes Combination With Wind Telecom". PR Newswire (Press release). VimpelCom Ltd. 15 April 2011. Retrieved 2 October 2026.
  16. ↑ Annual Report on Form 20-F for the year ended 31 December 2025 (PDF) (Report). VEON Ltd. 2026. Item 3.D, Risk Factors: Beeline trademark and licence agreements. Retrieved 2 October 2026.
  17. ↑ "VimpelCom's net profit for the fourth quarter of 2025 fell by 76.4%". AK&M. 26 February 2026. Retrieved 2 October 2026.
  18. ↑ Алексей Миколенко (12 March 2026). "Итоги телекома 2025 г. МТС, «МегаФон», «Билайн» и Т2: главные цифры" [Telecom results for 2025: key figures for MTS, MegaFon, Beeline and T2]. ComNews (in Russian). Retrieved 2 October 2026.
  19. ↑ "Service-Telecom closes the acquisition of VEON's Russian tower assets" (Press release). Service-Telecom. 1 December 2021. Retrieved 2 October 2026.
  20. ↑ Годовой отчёт ПАО «ВымпелКом» за 2025 год [PJSC VimpelCom annual report for 2025] (PDF) (Report) (in Russian). PJSC VimpelCom. 2026. pp. 52–55. Retrieved 2 October 2026.
  21. ↑ "DLA Piper advises VimpelCom on acquisition of Russian cloud computing provider IBS DataFort". DLA Piper. 22 December 2021. Retrieved 2 October 2026.
  22. ↑ "VimpelCom became the sole owner of the SDN-Video IT company". AK&M. 2 April 2026. Retrieved 2 October 2026.
  23. ↑ "Иван Шкиря продал «Билайну» долю в платформе Callibri" [Ivan Shkirya sells a stake in Callibri to Beeline]. РБК (in Russian). 23 November 2023. Retrieved 2 October 2026.
  24. ↑ "«Вымпелком» купил разработчика телеком-продуктов «Спектрум»" [VimpelCom acquires telecommunications software developer Spectrum]. Interfax (in Russian). 29 April 2025. Retrieved 2 October 2026.
  25. ↑ "«Вымпелком» увеличил долю в разработчике аудиобейджей Voca-Tech до 64%" [VimpelCom increases its interest in audio-badge developer Voca-Tech to 64%]. Interfax (in Russian). 17 April 2025. Retrieved 2 October 2026.
  26. ↑ "In 2025, VimpelCom spent more than 3 billion rubles on the purchase of shares in two IT companies". AK&M. 12 March 2026. Retrieved 2 October 2026.
  27. ↑ "Beeline launches new MVNO services". Telecompaper. 12 September 2025. Retrieved 2 October 2026.
  28. 1 2 "Билайн открывает новую страницу развития виртуальных операторов запуском передового формата— Smart MVNO" [Beeline announces the launch of Smart MVNO] (in Russian). Beeline. 11 September 2025. Retrieved 2 October 2026.
  29. 1 2 Анна Швецова (16 January 2026). "Конкуренции стало больше: как провели 2025 г. MVNO" [Competition increased: how MVNOs fared in 2025]. ComNews (in Russian). Retrieved 2 October 2026.
  30. 1 2 3 4 5 "Рынок MVNO в России по итогам 2025 года составил 111 млрд рублей, количество SIM-карт превысило 40 млн штук" [Russia’s MVNO market totalled 111 billion rubles in 2025, with more than 40 million SIM cards]. ComNews (in Russian). 5 June 2026. Retrieved 2 October 2026.
  31. ↑ Анна Устинова (5 June 2026). "Рынок виртуальных операторов достиг 111 млрд рублей" [The virtual operator market reached 111 billion rubles]. Ведомости (in Russian). Retrieved 2 October 2026.
  32. ↑ "«Почта России» запустила виртуального мобильного оператора на сети «Билайна»" [Russian Post launches a virtual mobile operator on Beeline’s network]. Interfax (in Russian). 10 June 2026. Retrieved 2 October 2026.
  33. ↑ "АНО «Обнимаю сердцем» первой в России запустила брендированную мобильную связь на инфраструктуре Билайна для регулярной поддержки инклюзивных проектов" [Obnimayu Serdtsem announces a branded mobile service supporting inclusion projects] (in Russian). Beeline. 4 August 2026. Retrieved 2 October 2026.
  34. ↑ "Опора на троих" [Three host networks]. Коммерсантъ (in Russian). 14 April 2026. Retrieved 2 October 2026.
  35. ↑ "Оператор «Т-Мобайл» начнёт работать на сети Билайна в двух регионах" [T-Mobile to begin operating on Beeline’s network in two regions] (in Russian). Beeline. 6 June 2026. Retrieved 2 October 2026.
  36. ↑ "«Вымпелком» уходит в виртуальность" [VimpelCom moves into virtual mobile services]. Коммерсантъ (in Russian). 16 May 2025. Retrieved 2 October 2026.
  37. 1 2 Елена Худаева (5 June 2026). "Рынок виртуальных операторов в 2025 году достиг 111 млрд рублей" [The virtual operator market reached 111 billion rubles in 2025]. Forbes Russia (in Russian). Retrieved 2 October 2026.

--David Osipov (talk) 13:38, 2 October 2026 (UTC)Reply

Redirect of VimpelCom

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Latest comment: 10 years ago1 comment1 person in discussion

Seems backwards to me, to have VimpelCom redirecting to this article, rather than to VimpelCom Ltd.. I am going to boldly change the redirect. Feel free to discuss and revert me if there's a rationale. - Checking the checkers (talk) 01:30, 11 November 2015 (UTC)Reply

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