AMSTERDAM, Oct. 22, 2013 /PRNewswire/ -- "VimpelCom Ltd." ("VimpelCom", "Company" or "Group") (NASDAQ:VIP), a leading global provider of telecommunications services, announces that the Company will be added to the NASDAQ-100 Index® effective October 29, 2013.
"NASDAQ-100 Index inclusion is an important milestone for VimpelCom and one of the reasons we viewed a listing on NASDAQ to be very attractive for the Company," said Jo Lunder, Chief Executive Officer of VimpelCom. "Our listing on NASDAQ was a positive development for our shareholders, which has now been underscored by the Company's inclusion in the NASDAQ-100. Both of these events demonstrate the progress the Company continues to make in executing against the initiatives of its Value Agenda."
Launched in January 1985, the NASDAQ-100 Index® consists of 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market® based on market capitalization. As a result of the NASDAQ-100 inclusion, VimpelCom's common shares will also be included in the PowerShares® QQQ ETF.
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