Today, only one player can pretend to match, or hope to surpass, Yandex on the Russian Internet market: Mail.ru Group, a behemoth that was introduced last year on the London Stock Exchange. Both groups are comparable in their range of revenues (Yandex: $439.7 million in 2010; Mail.ru Group: $324 million) and in their good financial …
Yandex vs. Mail.ru Group, the two behemoths of the Russian Internet Read More
If considered literally, the long list of “risk factors” published in Yandex’s IPO prospectus could terrify any reasonable investor. The list starts with countless business risks. Yandex does not hide its strong vulnerability to variations of the advertising market: “We generate almost all of our revenues from advertising, which is cyclical in nature.” Not only is …
Although Yandex is best known internationally for its search engine, its other services — some of which are very far from search — are used everyday by millions of Russian-speaking Internet users. This is why the company deserves to be named an integrated Internet group rather than a search service. East-West Digital News is happy …
Yandex assets: A dominating player far beyond the search market Read More
Had not Sergey Brin emigrated with his family to the United States at the age of 6, his destiny might have perhaps resembled those of Arkady Volozh and Ilya Segalovich, the Russian mathematicians who founded Yandex. Until the collapse of the Soviet Union in the early 1990s, Volozh and Segalovich were rather typical representatives of …
From startup to IPO: How Yandex became Russia’s search giant Read More
1990 Two information search systems — the International Classifier of Inventions and the Goods and Services Classifier — were developed in DOS by Arcadia, the company founded by Arkady Volozh and Arkady Borkovsky. These systems provided the foundation for Yandex’s technology.
Rostelecom, Russia’s national telecommunications operator, opened its first digital signature center yesterday, reports CNews.ru, a website covering IT and telecommunications issues. Rostelecom offers USB keys designed to facilitate access to e-government services. The keys cost 600 rubles—a little more than $20.
The Russian Satellite Communications Company (RSCC), a state-owned satellite communications operator, and Eutelsat, the leading European satellite operator, announced last week their plans to jointly launch a new direct-to-home (DTH) satellite to 36° East in 2015.
Rostelecom, Russia’s national telecommunications operator, together with Russian Radio Broadcasting Network (RRBN) signed a cooperation agreement to organize the terrestrial transmission of digital content to the RRBN transmitters across the country, thus enabling the broadcasting of eight federal TV channels (Channel One, Channel Two Russia, Russia-24, Channel 5 – St. Petersburg, Sport, Russia-K, NTV, and …
Rostelecom’s backbone network to transmit digital TV content across Russia Read More
Digital TV broadcasting has been launched in Sakhalin region in testing mode, regional officials report. The digital TV stations have been installed in 12 out of 19 municipal districts in the region. In the city of Yuzhno-Sakhalinsk and some other municipalities test broadcasting is delayed due to technical difficulties in equipment installation.
The Ministry of Economic Development proposed last week to amend existing regulations to create a unified database of home, property, and business addresses throughout Russia. Currently, databases owned by state agencies at various levels often overlap and even contradict each other, making address verification difficult. The proposal aims to introduce a single standard for assigning …
Government proposes to establish a single unified address database Read More
Russia’s national telecommunications operator, Rostelecom, and IBM-East Europe/Asia signed an agreement last week according to which IBM will provide Rostelecom some of its advanced cloud technology solutions. Rostelecom plans to use the IBM technology to advance the development of e-Government infrastructure.
Sistema Mass-Media (SMM), part of financial corporation Sistema, announced it would resume the project of creating a mobile digital television system in DVB-H standard in Moscow, reported Vedomosti, a Russian business daily. Digital Television and Radio Broadcasting (DTB), a wholly owned subsidiary of SMM specializing in automobile digital TV, will take up the project in …
