VimpelCom volatility elevated into Russian move on Crimea VimpelCom overall option implied volatility of 33 is above its 26-week average of 29 according to Track Data, suggesting large price movement into Russia’s move on Crimea.
VimpelCom says explored 50/50 JV in Italy on Wind subsidiary VimpelCom disclosed in a regulatory filing that it has noted recent analyst and media comments concerning Wind, its fully owned subsidiary in Italy. The company has held discussions to explore the potential value which would accrue to shareholders through a 50/50 joint venture in Italy. No conclusion to these discussions was reached. The company will continue to explore value adding transactions but there can be no guarantee that a transaction on terms acceptable to the company will be identified.