Vimpelcom looking at Canadian acquisitions

28 Feb 2013

Vimpelcom’s CEO Jo Lunder said in an interview during the Mobile World Congress in Barcelona that the group may consider an acquisition in Canada to strengthen the position of its subsidiary Wind Mobile in the country, reports Bloomberg. Having increased its ownership control of Wind Mobile last month, Vimpelcom will look at organic growth or acquisitions to expand in Canada, Lunder said, adding that ‘We have an interesting opportunity in Canada… There is a strong economy with relatively high average revenue per user.’

Canada,Freedom Mobile (formerly Wind Mobile), VEON (formerly VimpelCom),

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