Vimpelcom, owner of Telecel releases results with declined revenues, expects tough 2015

By Nigel Gambanga The latest financial results (Fourth Quarter 2014) for Vimpelcom, the company with a 60% stake in Telecel Zimbabwe, have just been published. The global mobile operator registered a 21% dip in revenues and net losses of $935 million. A reduction in earnings had been anticipated with an outlook for a single digit decline in sales […] …read more

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