- Vimpelcom's (VIP) Q3 net profit slumped 53% to $255M and badly missed consensus of $504M, with earnings hurt by a tax expense, and regulatory and competitive pressures.
- Revenue fell 1% to $5.7B.
- EBITDA -2% to $2.5B, below consensus of $2.52B.
- Total mobile subscriber base +5% on year to 219M.
- The Russian carrier declared an interim dividend of $0.45 a share. (PR)
Vimpelcom net profit cut in half to $255M
Nov 6 2013, 02:42 ET