es, which provide Internet and data transmission services to both consumer and corporate subscribers. Strategy The company’s strategy focuses on increased cash flows, and its businesses combine mature, strong cash-generating companies with emerging growth opportunities in a number of regions. The company combines strong and growing positions in mobile businesses with a selective presence in fixed-line, which would further support growth strategy as mobile and services continue to expand across markets. Seasonality The company’s mobile telecommunications business is subject to certain seasonal effects. Revenues from contract and prepaid tariff plans tend to increase during the December holiday season, and then decrease in January and February. Mobile revenues are also higher in the summer months, when roaming revenue increases significantly as subscribers tend to travel during these months. Guest roaming revenue on its networks also grows in this period. The company’s fixed-line telecommunications business is also subject to certain seasonal effects. Revenues from fixed-line telecommunications business are lower when there are fewer working days in the period or a greater number of subscribers are on vacation, such as during the summer months. Competition The company’s competitors include TransTelecom, Orange Business, OJSC MegaFon, TeliaSonera, Telecom Italia, MTS, Rostelecom, Middle Volga Interregional Association of Radio and Telecommunication Systems, and OJSC Multiregional TransitTelecom. In the Italian mobile telecommunications market, the company competes with Telecom Italia, operating under the ‘TIM’ brand name, Vodafone Italy, operating under the ‘Vodafone’ brand name, and Hutchison 3G, operating under the ‘3’ brand name. In addition to Grameenphone and Robi, the company also competes with Airtel, Citycell and Teletalk in Bangladesh. In the Cambodian telecommunications market, the company competes mainly with Viettel Cambodia, Cam GSM, Latelz Smart and Hello Axiata Cambodia. In Laos, the company’s competitors include Unitel, LTC, VimpelCom Lao Co., and ETL. In Pakistan, the company’s main competitors for fixed-line corporate services are Pakistan Telecommunication Corporation, Multinet, Wateen, Supernet, Cybernet, Nexlinx and Nayatel. Its main competitors for carrier and operator services are PTCL, Wateen, Worldcall, Wi-Tribe, and Telenor Pakistan. The company’s main competitors for consumer Internet services are PTCL, Wateen, World Call, Wi-Tribe and Qubee. In Burundi, its main competitor for fixed-line services is CBINET. In the Central African Republic, the company’s main competitors for fixed-line services are Orange and Moov. The company, in Ukraine, competes with MTS Ukraine and Astelit; its main competitors in the corporate market for data are Ukrtelecom, Volia, Vega and Datagroup; and in the residential broadband Internet market, the company competes with Ukrtelecom and Volya-Cable in Kyiv. In Ukraine, carrier and operator services market competitors include Ukrtelecom, Ucomline (Farlep-Optima), Velton, MTC, Astelit, and Datagroup. In the voice services market for business customers, the company competes with Ukrtelecom, Datagroup, and Vega. History VimpelCom Ltd. was founded in 1992.