NEW YORK, Sept. 18, 2013 (GLOBE NEWSWIRE) -- Veteran business journalist Carmen Roberts joins Jo Lunder, Chief Executive Officer, VimpelCom [VIP] to discuss the company's industry, strategy, financials and positioning.
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Jo Lunder, Chief Executive Officer:
Mr. Lunder became CEO of VimpelCom on July 1, 2011. Previously Mr. Lunder was Chairman of the Board of Directors of VimpelCom.
In 1999, he joined VimpelCom from Telenor, where he was employed in various capacities, including as COO of Telenor Mobile. Mr. Lunder led VimpelCom from 2000 to 2003, on a path of sustained growth and expansion, attracted significant investment, and transformed the Company into the second largest wireless telecommunications company in Central and Eastern Europe.
Mr. Lunder also has significant additional experience leading companies through periods of change.
He served as CEO of Atea ASA, achieving a complete turnaround in less than two years and he was Executive Vice President of FERD. Mr. Lunder served as Executive Chairman of the Board of the Aibel Group Ltd., as Chairman of the Board of Elopak AS, as Chairman of the Board of Swix Sport AS, and as a member of the Board of Directors of Pronova Biopharma.
Mr. Lunder has served as a member of the Board of Directors of Orkla ASA since 2012.
About VimpelCom [VIP]:
VimpelCom is one of the world's largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelCom's operations around the globe cover territory with a total population of approximately 753 million people. VimpelCom provides services under the "Beeline", "Kyivstar", "djuice", "Wind", "Infostrada" "Mobilink", "Leo", "banglalink", "Telecel", and "Djezzy" brands. As of June 30, 2013 VimpelCom had 215 million mobile subscribers on a combined basis. VimpelCom's reporting structure is divided into five business units – Russia, Europe and North America, Africa and Asia, Ukraine and the Commonwealth of Independent States (CIS), all of which report to the Company's headquarters in Amsterdam. With LTM revenue of USD 23.0 billion, EBITDA of USD 9.8 billion, and a mobile subscriber base of 215 million (as of June 30, 2013), we are one of the largest telecommunications companies in the industry and have established the scale for successful growth and development of our group of companies going forward.
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