VimpelCom's CEO Discusses Q1 2012 Results - Earnings Call Transcript

VimpelCom Ltd. (VIP)

Q1 2012 Earnings Call

May 15, 2012 08:00 am ET

Executives

Alexandra Tramont – Vice President, Investor Relations

Jo O. Lunder – Chief Executive Officer

Henk van Dalen – Chief Financial Officer

Analysts

Cesar Tiron – Morgan Stanley & Co.

Alexander Kazbegi – Renaissance Capital

Dalibor Vavruska – ING

JP Davids – Barclays Capital

Dalibor Vavruska – Citigroup

Alexander Balakhnin – Goldman Sachs

Herve Drouet – HSBC Investment Bank Plc

Igor Semenov – Deutsche Bank

Victor Klimovich – VTB Capital

Presentation

Operator

Good day ladies and gentlemen, and welcome to the VimpelCom Ltd First Quarter 2012 Investor and Analyst Call. At this time all participants are in a listen-only mode. Later we’ll conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to introduce your host for today’s conference, Alexandra Tramont. Please go ahead.

Alexandra Tramont

Thank you. Good afternoon ladies and gentlemen, and good morning to those of you connecting from the U.S., and welcome to VimpelCom’s conference call to discuss the company’s first quarter 2012 financial and operating results. Before getting started, I would like to remind everyone that forward-looking statements made on this conference call involve certain risks and uncertainties.

These statements relate, in part to one, the company’s plans to maintain profitable growth in its business units, two, the company’s expected future debt position and refinancing plans, and three, the company’s financial performance objectives.