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. Last Updated: 07/27/2016

For the Record

VimpelCom said Tuesday that profit rose 63 percent in the fourth quarter, with net income advancing to $461 million, from $283 million a year earlier, and sales gaining 22 percent to $2.82 billion.

St. Petersburg Telecom, the Russian unit of Tele2, Sweden's second-biggest phone company, plans to sell 30 billion rubles ($1.1 billion) of 10-year bonds, the company said in regulatory filings Tuesday.

Inter RAO said Tuesday that it is in talks over the possible sale of its 26.4 percent stake in OGK-5 to Italy's Enel, which is already the majority owner of the power firm.