UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June 2008
Commission File Number 1-14522
Open Joint Stock Company “Vimpel-Communications”
(Translation of registrant’s name into English)
10 Ulitsa 8-Marta, Building 14, Moscow, Russian Federation 127083
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): .
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): .
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| OPEN JOINT STOCK COMPANY “VIMPEL-COMMUNICATIONS” | ||||
| (Registrant) | ||||
| Date: June 10, 2008 | ||||
| By: | /s/ Alexander V. Izosimov | |||
| Name: | Alexander V. Izosimov | |||
| Title: | Chief Executive Officer and General Director | |||
VimpelCom Completed the Acquisition of Remaining 49% of Corbina Telecom
Moscow and New York (June 10, 2008) - Open Joint Stock Company “Vimpel-Communications” (“VimpelCom” or the “Company”) (NYSE: VIP) today announced that it completed the acquisition of 49% of the shares of Closed Joint Stock Company Cortec (“Corbina Telecom”) from Inure Enterprises Ltd. for approximately US$404 million. As a result of this transaction, VimpelCom and its subsidiary together now own 100% of the shares of Corbina Telecom.
About VimpelCom (www.vimpelcom.com)
The VimpelCom Group is a telecommunications operator, providing voice and data services, covered through a range of wireless, fixed and broadband technologies. The Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia, in territories with a total population of about 250 million. VimpelCom was the first Russian company to list its shares on the New York Stock Exchange (“NYSE”). VimpelCom’s ADSs are listed on the NYSE under the symbol “VIP”
About Corbina Telecom
Founded in 1995, Corbina Telecom is a facilities-based alternative service provider operating in 25 regions in Russia including Moscow. Corbina owns a fibre-optic network which provides fibre-to-the-building (FTTB) broadband Internet services in Moscow, St. Petersburg and other Russian cities.
| For more information, please contact: |
| Alexander Boreyko |
| VimpelCom |
| Tel: 7 (495) 910-5977 |
| Investor_Relations@vimpelcom.com |