Ukrainian RadioSystems Reorganized From Closed Joint-Stock Company Into Private Joint-Stock Company

The Ukrainian RadioSystems company, which renders its services under the Beeline brand, from a closed joint-stock company into a private joint-stock company.

The changes are related to requirements of the Ukrainian Law “On joint-stock companies.”

As Ukrainian News earlier reported, on October 5, 2009, the Altimo company (Russia) and Telenor agreed to merge Kyivstar and VimpelCom to create a new cellular communications operator, VimpelCom Ltd. (Bermuda islands), to provide integrated cellular communications services in Russia, Ukraine, and other member-countries of the Commonwealth of Independent States, as well as in Georgia, Vietnam, Cambodia, and Laos.

The two companies intend to complete their merger by 2014.

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