VimpelCom US GAAP net profit rises 78% to $1.09 bln in 9M07

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MOSCOW, November 29 (RIA Novosti) - Russia's second-largest mobile phone operator VimpelCom [RTS: VIMP] said Thursday its US GAAP net profit increased 78.4%, year-on-year, in January-September 2007, to $1.095 billion.

VimpelCom, which operates under the Beeline trademark, said its net operating revenues increased 51.1% in the reporting period to $5.16 billion.

VimpelCom includes cellular phone companies that operate in Russia, Kazakhstan, Ukraine, Tajikistan and Uzbekistan. Key shareholders are Altimo (42.4% of voting shares) and Telenor (26.6% of voting shares).

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