Russian mobile carrier VimpelCom (VIP) is down 3.6% after reporting Q2 EPS of $0.19. Earnings...

|About: VimpelCom (VIP)|By:, SA News Editor

Russian mobile carrier VimpelCom (VIP) is down 3.6% after reporting Q2 EPS of $0.19. Earnings were hurt by higher interest and depreciation costs relation to its acquisition of international carrier Wind Telecom. Revenues grew 9% Y/Y to $6B, and mobile subscribers 11% to 192.7M, after accounting for the acquisition.