Telenor, seeking an order that would require VimpelCom to issue extra shares in its favor at the same time that it issues shares for Wind, announced yesterday it had petitioned the Commercial Court in London for an injunction that would see those shares placed in escrow until the conclusion of the arbitration proceeding that it …
Telenor seeks injunction to derail VimpelCom acquisition Read More
The 13th annual International Exhibition and Conference CSTB-2011 was held in Moscow from February 1 to 3. The exhibition is dedicated to modern TV and telecommunication technologies formats and trends, including broadband technologies, pay-TV, cable TV, satellite TV, mobile TV, IPTV, HDTV, content, satellite communications, operators’ services in broadband networks and wireless technologies.
TTK, one of the largest principal Internet providers in Russia, announced its connection to traffic exchange point DE-CIX (Deutscher Commercial Internet Exchange) in Frankfurt, Germany. This is the sixth point of traffic exchange between TTK and international segments of the Internet. TTK’s other points of exchange are in London (LINX, since 2005), Amsterdam (AMS-IX, since …
State-owned Russian Development Bank (RBD) will allocate at most 300 million rubles for the capital formation of the Modernization, Innovation and Development direct investment fund (MID). RBD has formed partnerships with Russian as well as foreign investors, including German bank KfW.
Russian retailers sold 120,000 iPhone 4 units over the last three months, according to Kommersant, a Russian business daily. This comes in addition to significant unofficial sales via “grey import” channels. Although modest in comparison to the iPhone’s triumphant worldwide sales performance, 16.2 million in Q4 2010, these results mark significant progress for Apple on …
Russian iPhone sales improve, but numbers still far from western records Read More
MTS, Vimpelcom, Megafon and Tele2, the four leading mobile operators in Russia, have all made bids for KT Corp’s 80 percent stake in New Telephone Company (NTC), a major mobile, fixed and IP telephony and Internet operator based in Vladivostok, reports Vedomosti, a Russian business daily.
Dreaming to see the Hermitage’s impressionist collection but wary of catching a cold in a St. Petersburg winter blizzard? Longing to commune with Rublev’s icons in the Tretyakov Gallery but daunted by the expense of travel to the Russian capital? Now art lovers anywhere can realize their dreams of getting a closer look at major …
ST-Ericsson, a world leader in wireless platforms and semiconductors, is launching the world’s smallest receiver to be able to see both GPS and GLONASS positioning satellites, enabling mobile devices to deliver much faster and much more reliable location-based services. Compared to GPS-only solutions, the combination of GLONASS and GPS technology dramatically improves positioning accuracy in …
Microsoft has completed the most recent round of its piracy-monitoring program in Russia, a program that monitors the levels of unlicensed software in retail computer sales. Of 3,229 audited retail outlets in 94 Russian cities, about 20 percent offered pirated software to customers. Eleven percent of the audited retail outlets allowed preinstallation of pirated software.
The National Association of Business Angels (NABA) announced their having joined the European Trade Association for Business Angels (EBAN), the leading European association of business angels.
Asus, a global manufacturer of electronic devices, and the Center of Navigation Technologies (CNT), a Russian developer of the Navitel navigation systems software, have announced their transition to a new, direct relationship. Cooperation between the two companies was previously limited to Garmin-Asus, a joint venture specializing in the production of Nuvifone smartphones featuring a satellite …
Asus and Russian systems developer CNT extend cooperation Read More
Telenor, a Norwegian company with mobile operations in countries across Europe and Asia, yesterday commenced arbitration proceedings against VimpelCom, a leading Russian mobile operater in which Telenor owns a 40% stake, and Altimo, a VimpelCom shareholder. Altimo is an invesment company representing Alfa Group, one of Russia’s largest privately owned financial-industrial conglomerates.
