VimpelCom Looks East With NTC Buy

KT phones booths lining a Seoul street. The company is selling its shares in cellular provider NTC to VimpelCom. SEOUL, South Korea — Mobile operator VimpelCom is buying New Telephone Company from owners including South Korea’s KT Corporation in a $420 million deal that will see it move into eastern Russia. KT, South Korea’s top fixed-line and No. 2 mobile […]