Exhibit 8

LIST OF SUBSIDIARIES

Below is a list of our subsidiaries and their jurisdiction of incorporation as of March 24, 2017.



|                                                     |  |                         
|---------------------------------------------------- |  | ------------------------
|Subsidiaries                                         |  | Country of Incorporation
|Consortium Algerien de Telecommunications S.P.A.     |  | Algeria                 
|Database Management Services Algeria EURL            |  | Algeria                 
|Omnium Telecom Algérie (OTA) SPA                     |  | Algeria                 
|Optimum Telecom Algerie Spa                          |  | Algeria                 
|Orascom Telecom Service Algérie (OTSA) EURL          |  | Algeria                 
|Ring Algeria LLC                                     |  | Algeria                 
|Ring Maintenance - CARING LLC                        |  | Algeria                 
|Armencell Close Joint Stock Company                  |  | Armenia                 
|CJSC Armenia Telephone Company                       |  | Armenia                 
|Close Joint Stock Company Armenian Finance Insurance |  | Armenia                 
|Close Joint Stock Company Infocom-Erevan             |  | Armenia                 
|Open Joint Stock Company Armeneconombank             |  | Armenia                 
|Banglalink Digital Communications Ltd                |  | Bangladesh              
|Ring Distribution (Private) Limited                  |  | Bangladesh              
|Foreign LLC Beleuroset                               |  | Belarus                 
|Foreign LLC Proservis Bel                            |  | Belarus                 
|VC Esop N.V.                                         |  | Belgium                 
|AnTel Rascom Limited                                 |  | British Virgin Islands  
|Cinnamon Shore Ltd.                                  |  | British Virgin Islands  
|Freevale Enterprises Inc.                            |  | British Virgin Islands  
|Golden Telecom Limited                               |  | British Virgin Islands  
|GTH Cambodia Ltd.                                    |  | British Virgin Islands  
|Investico Alliance Ltd.                              |  | British Virgin Islands  
|Watertrail Industries Limited                        |  | British Virgin Islands  
|GTH Global Telecom Finance (B.C.) Limited            |  | Canada                  
|Lingo Media Corporation                              |  | Canada                  
|Aldemon Technologies Limited                         |  | Cyprus                  
|Ararima Enterprises Limited                          |  | Cyprus                  
|Bardym Enterprises Limited                           |  | Cyprus                  
|Clafdor Investments Limited                          |  | Cyprus                  
|Comnidor Holdings Limited                            |  | Cyprus                  
|Euroset Cyprus Limited                               |  | Cyprus                  
|Limnotex Developments Limited                        |  | Cyprus                  



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|                                                                                                         |  |                                        
|-------------------------------------------------------------------------------------------------------- |  | ---------------------------------------
|Menacrest AG (Menacrest Limited)                                                                         |  | Cyprus                                 
|Nouse Limited                                                                                            |  | Cyprus                                 
|VimpelCom Cyprus Finance Limited                                                                         |  | Cyprus                                 
|VimpelCom Cyprus Holding Limited                                                                         |  | Cyprus                                 
|Advanced Electronic Industries                                                                           |  | Egypt                                  
|Cortex for Services & Consultations S.A.E.                                                               |  | Egypt                                  
|Egyptian Company for Marketing and Telecommunication and Service Connect                                 |  | Egypt                                  
|Multimedia Mega Stores Company for Computers and Communication Devices (S.A.E. under
liquidation)        |  | Egypt                                  
|Orascom Holding Handset Investment Company                                                               |  | Egypt                                  
|Orascom Telecom Services L.L.C.                                                                          |  | Egypt                                  
|Ring Distribution Company (S.A.E. under liquidation)                                                     |  | Egypt                                  
|Ring for Trade, Distribution and Commercial Agencies and Maintenance (Caring) (S.A.E. under
liquidation) |  | Egypt                                  
|Global Telecom Holding S.A.E                                                                             |  | Egypt and registered in the Netherlands
|Mobitel Limited Liability Company                                                                        |  | Georgia                                
|VIP-CKH Ireland Limited                                                                                  |  | Ireland                                
|3 E-Lettronice S.p.A.                                                                                    |  | Italy                                  
|CONSEL-Consorzio ELIS a.r.l.                                                                             |  | Italy                                  
|DONO Per S.C.a.r.l.                                                                                      |  | Italy                                  
|Janna S.C.a.r.l. (Società Consortile a Responsabilità Limitata)                                          |  | Italy                                  
|Galata S.p.A.                                                                                            |  | Italy                                  
|MIX S.r.l.                                                                                               |  | Italy                                  
|QXN Società Consortile per Azioni                                                                        |  | Italy                                  
|Ring Distribution Italy S.a.r.l.                                                                         |  | Italy                                  
|WIND Tre Italia S.p.A.                                                                                   |  | Italy                                  
|WIND Retail S.r.l.                                                                                       |  | Italy                                  
|Wind Telecom S.p.A.                                                                                      |  | Italy                                  
|WIND Tre S.p.A.                                                                                          |  | Italy                                  
|Al-Ruwad Investment Company LLC                                                                          |  | Jordan                                 
|2Day Telecom Limited Liability Partnership                                                               |  | Kazakhstan                             
|KaR-Tel Limited Liability Partnership                                                                    |  | Kazakhstan                             
|KAZEUROMOBILE Limited Liability Partnership                                                              |  | Kazakhstan                             
|Teta Telecom Limited Liability Partnership                                                               |  | Kazakhstan                             
|TNS-Plus Limited Liability Partnership                                                                   |  | Kazakhstan                             
|Sky Mobile Limited Liability Company                                                                     |  | Kyrgyzstan                             
|Terra Limited Liability Company                                                                          |  | Kyrgyzstan                             



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|                                                       |  |                                                   
|------------------------------------------------------ |  | --------------------------------------------------
|VimpelCom Lao Company Limited                          |  | Lao Peoples Democratic Republic                  
|B.V. VimpelCom Finance S.à r.l.                        |  | Luxembourg and Netherlands                        
|Global Luxembourg Finance SCA                          |  | Luxembourg                                        
|Global Luxembourg S.à r.l.                             |  | Luxembourg                                        
|Global Telecom Acquisition S.à r.l.                    |  | Luxembourg                                        
|Global Telecom Finance SCA                             |  | Luxembourg                                        
|Global Telecom One S.à.r.l                             |  | Luxembourg                                        
|Global Telecom Oscar SA                                |  | Luxembourg                                        
|Global Telecom S.à.r.l                                 |  | Luxembourg                                        
|KLAROLUX INVESTMENTS S.à r.l.                          |  | Luxembourg                                        
|VimpelCom Luxembourg Holdings S. à r.l.                |  | Luxembourg                                        
|VIP-CKH Luxembourg S.à r.l.                            |  | Luxembourg                                        
|WEATHER CAPITAL S.à r.l.                               |  | Luxembourg (with registered branch in Netherlands)
|Weather Capital Special Purpose 1 S.A.                 |  | Luxembourg (with registered branch in Netherlands)
|Wind Acquisition Finance S.A.                          |  | Luxembourg                                        
|Database Management Services Limited                   |  | Malta                                             
|Financial Powers Plan Limited                          |  | Malta                                             
|International Wireless Communications Pakistan Limited |  | Malta                                             
|Iraq Holding Limited                                   |  | Malta                                             
|Minimax Ventures Limited                               |  | Malta                                             
|Moga Holding Ltd                                       |  | Malta                                             
|Oratel International Inc. Limited                      |  | Malta                                             
|Sawyer Limited                                         |  | Malta                                             
|Telecom CS Limited                                     |  | Malta                                             
|Telecom ESOP Ltd.                                      |  | Malta                                             
|Telecom Eurasia Limited                                |  | Malta                                             
|Telecom Holding Canada (Malta) Limited                 |  | Malta                                             
|Telecom Iraq Corp. Limited                             |  | Malta                                             
|Telecom Management Group Limited                       |  | Malta                                             
|Telecom Ventures Limited                               |  | Malta                                             
|Euroset Holding N.V.                                   |  | Netherlands                                       
|Eurus Holding B.V.                                     |  | Netherlands                                       
|Global Telecom Netherlands B.V.                        |  | Netherlands                                       
|GTH Canada B.V.                                        |  | Netherlands                                       
|GTH Finance B.V.                                       |  | Netherlands                                       
|Silkway Holding B.V.                                   |  | Netherlands                                       



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|                                                              |  |                   
|------------------------------------------------------------- |  | ------------------
|VimpelCom Amsterdam B.V.                                      |  | Netherlands       
|VimpelCom Amsterdam Finance B.V.                              |  | Netherlands       
|VimpelCom Armenia Holding B.V.                                |  | Netherlands       
|VimpelCom B.V.                                                |  | Netherlands       
|VimpelCom Georgia Holdings B.V.                               |  | Netherlands       
|VimpelCom GSS B.V.                                            |  | Netherlands       
|VimpelCom Holding Laos B.V.                                   |  | Netherlands       
|VimpelCom Holdings B.V.                                       |  | Netherlands       
|VimpelCom International Services B.V.                         |  | Netherlands       
|Vimpelcom Micro Holdings B.V.                                 |  | Netherlands       
|VimpelCom Telecom Holding B.V.                                |  | Netherlands       
|VIP Digital Amsterdam B.V.                                    |  | Netherlands       
|ZED+ B.V.                                                     |  | Netherlands       
|Business & Communication Systems (Pvt) Ltd                    |  | Pakistan          
|CaRing (Private) Limited                                      |  | Pakistan          
|Deodar (Private) Limited                                      |  | Pakistan          
|Linkdot Net Telecom Limited                                   |  | Pakistan          
|Linkdot Net Pakistan (Private) Limited                        |  | Pakistan          
|Mobilink Foundation (Guarantee) Limited                       |  | Pakistan          
|Pakistan MNP Database (Guarantee) Ltd                         |  | Pakistan          
|Pakistan Mobile Communications Limited                        |  | Pakistan          
|Ring Distribution (Private) Limited                           |  | Pakistan          
|Mobilink Microfinance Bank Limited                            |  | Pakistan          
|Vimpelcom Global Services Pakistan (Pvt.) Ltd                 |  | Pakistan          
|Closed Joint Stock Company National Service Company           |  | Russian Federation
|Euroset-Retail LLC                                            |  | Russian Federation
|LLC JOINT VENTURE SAKHALIN TELECOM LIMITED                    |  | Russian Federation
|JSC Kubintersvyaz                                             |  | Russian Federation
|LLC ES-Arenda                                                 |  | Russian Federation
|JSC National Tower Company                                  |  | Russian Federation
|JSC Rostelecom                                                |  | Russian Federation
|Kubtelecom LLC                                                |  | Russian Federation
|LLC Pro-Servis                                                |  | Russian Federation
|LLC SIM TELECOM                                             |  | Russian Federation
|Non-governmental Organization Charitable Foundation
Give Hope |  | Russian Federation
|Public Joint Stock Company Vimpel-Communications              |  | Russian Federation



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|                                                       |  |                                                           
|------------------------------------------------------ |  | ----------------------------------------------------------
|CJSC RASCOM                                            |  | Russian Federation                                        
|LLC Sovintel Group                                     |  | Russian Federation                                        
|LLC VimpelCom-Invest                                   |  | Russian Federation                                        
|VimpelCom (BVI) AG                                     |  | Switzerland                                               
|VIP Kazakhstan Holding AG                              |  | Switzerland                                               
|VIP Kyrgyzstan Holding AG                              |  | Switzerland                                               
|TACOM Limited Liability Company                        |  | Tajikistan                                                
|R & D S.à r.l.                                         |  | Tunisia                                                   
|Ring Distribution Retail SARL                          |  | Tunisia                                                   
|Ring Distribution Tunisia                              |  | Tunisia                                                   
|Ring Tunisia SARL                                      |  | Tunisia                                                   
|Invest-Holding Limited Liability Company               |  | Ukraine                                                   
|Kyivstar GSM Joint Stock Company Subsidiary Staravto |  | Ukraine                                                   
|Limited Liability Company Starmoney                  |  | Ukraine                                                   
|LLC Vimpelcom Global Services Ukraine                |  | Ukraine                                                   
|Private Joint Stock Company Kyivstar                   |  | Ukraine                                                   
|International Telecommunications Consortium Limited    |  | United Kingdom                                            
|Med Cable Limited                                      |  | United Kingdom                                            
|VIP Digital Ltd.                                       |  | United Kingdom                                            
|Centre of Commercial Real Estate LLC                   |  | United States                                             
|Golden Holdings, Inc.                                  |  | United States                                             
|Golden Telecom, Inc.                                   |  | United States                                             
|My Screen Mobile Inc.                                  |  | United States (+ Extra-Provincial Registration in Ontario)
|SFMT-CIS, Inc.                                         |  | United States                                             
|SFMT-Rusnet, Inc.                                      |  | United States                                             
|Joint Venture Buzton Limited Liability Company         |  | Uzbekistan                                                
|Unitel Limited Liability Company                       |  | Uzbekistan