Russia’s online footwear market, which only a year ago almost resembled a desert, is witnessing rapid transformation following the initiatives of a number of major players. This market was recently estimated to have a potential of at least €100 – 150 million.
MTS, a leading Russian mobile operator, has acquired full ownership of Inteleca, an alternative operator providing broadband Internet and cable TV services in Barnaul and Biysk in the Altai region. The sale of the company came to $19.2 million, according to MTS.
VimpelCom CEO Alexander Izosimov announced last we Best Way To Get Ex Boyfriend Back ek that operations in Vietnam would resume in the forthcoming months. VimpelCom, a leading Russian mobile operator, agreed in 2008 to create a joint venture with Vietnamese state corporation Global Telecommunications Corporation (GTel) and its subsidiary GTel TSC.
Moscow cable operator Mostelecom, a subsidiary of National Telecommunications (NTC), is progressively transferring its subscribers from analog to digital TV, as reported recently by TeleSputnik.ru.
Moscow, Russia – Rostelecom (RTS, MICEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that OJSC CentreTelecom, OJSC SibirTelecom, OJSC Dalsvyaz, OJSC Uralsvyazinform, OJSC VolgaTelecom, OJSC North-West Telecom, OJSC Southern Telecommunications Company and OJSC Dagsvyazinform (“the merged companies”) have today been excluded from the Unified State Register of Legal Entities following their merger …
Rostelecom completes large scale reorganization and merger process Read More
Russia will create a $10 billion sovereign fund to support foreign investment contributing to the modernization of the economy, confirmed Russian president Dmitry Medvedev during a government meeting in Magnitogorsk, Siberia. The fund will be set-up “by mid-summer,” the president announced.
The Financial Times reported earlier this week from unnamed sources that DST Global, Russia’s leading Internet investment fund, took part in the third round of financing for Chinese e-commerce giant 360buy.com.
Luxembourg based fund Mangrove Capital Partners and Russian fund ABRT sold their stake in Russian search engine Quintura earlier this month, letting its founders Yakov Sadchikov, Alexaner Yershov and Rustam Gafurov take back full control of the company.
VimpelCom, one of Russia’s leading mobile operators, announced this week in ComNews.ru, a specialized Russian telecom media resource, that it had 9,000 base stations in its 3G network as of late 2010, with 3,000 of them deployed in Q4 2010. But the heavy investments required by 3G deployment partly explains VimpelCom’s negative free cash flow …
VimpelCom 3G network still in search of a business model Read More
Russian venture investor Ru-Net II has invested an undisclosed amount in Biglion, one of the numerous Russian Groupon copycats, reported blogger Yakov Sadchikov last week.
Sweden based Tele2 Russia Holding AB has announced that its subsidiary St. Petersburg Telecom will issue 7 decade bonds totaling 30 billion rubles, or $1.06 billion at the current exchange, reports Interfax.
Nigma.ru, a little known but innovative Russian search engine, could make a Vietnamese version of its service available as soon as April 1 under the domain name Itim.vn, meaning “I seek” in Vietnamese.
