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Vimpelcom to Invest in Vietnam and Cambodia

July 9th, 2008 · No Comments · Russia Investment

Vimpelcom, Russia’s second largest cell phone operator has announced a Russian investment in both Vietnam and Cambodia according to Reuters UK.

The Vimpelcom Russian investment involves a 40 percent stake worth $267 million with Vietnam state run Global Telecommunications Corporation (GTEL) and a $28 million purchase of Cambodia’s Sotelco.

For more on each Vimpelcom Russian investment see: Vimpelcom to Invest in Cambodia and Vimpelcom to Invest in Vietnam

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