You're reading: Wall Street Journal: VimpelCom’s Crimea business difficult to predict, says CEO

MOSCOW - VimpelCom Ltd. (VIP), one of Russia's leading mobile phone operators, said on May 14 it hadn't received any specific instructions from Russian or Ukrainian regulators on operations in Crimea, and was treating the territory as part of Ukraine. The comments on May 14 by the company's chief executive highlight the uncertainties for businesses operating on the peninsula, whose March annexation by Russia hasn't been recognized by most countries.

 Read the story here.