The Russian Antimonopoly Service allowed Rostelecom, the national telecom operator, to acquire 100% of the shares of Enter, a provider of fixed broadband Internet access in Siberia owned by the Dutch company Consumer Enter B. V. Established in 2005, Enter serves 22,000 customers in Barnaul, Novokuznetsk and Tyumen, three major Siberian cities.
MegaFon, a major Russian mobile operator, made a further step last Friday towards business diversification and regional expansion by acquiring Yugratel, a broadband Internet and cable TV provider operating in the Khanty-Mansiysk Autonomous District of Western Siberia. Yugratel was sold through an auction sale by the local authorities for 2.4 billion rubles, or approximately $76 …
Megafon acquires Internet and cable TV provider in Western Siberia Read More
Rostelecom, Russia’s national telecommunications operator, is to acquire Qwerty, a Moscow broadband Internet provider, Russian business daily Kommersant revealed earlier this week referring to unnamed sources. Qwerty is indirectly owned by Svyazinvest, Rostelecom’s main shareholder. Its value has been estimated at 1.2 to 1.4 billion rubles, or around $40 million, by Raiffeisenbank analyst Sergey Libin, Kommersant …
Rostelecom to acquire broadband Internet provider in Moscow Read More
Digital radio- and tele-broadcasting have been launched in the North Caucasus for the first time, TASS-Telecom reported last week. The launch ceremony took place in Vladikavkaz in the Republic of Northern Ossetia-Alanya and was attended by Igor Shchegolev, the Minister of Communications and Mass Media.
Rostelecom and Intel signed a memorandum of understanding last week for the joint design and production of end user broadband Internet connection devices. Based on Intel technology, the devices will be commercialized in Russia under the Rostelecom’s brand.
Fiber-optic telecommunication provider Transtelecom (TTK) won 20 of 24 wireless Internet licenses last week in three tenders organized by Russian telecom regulator Roskomnadzor.
Private equity fund CapMan Russia announced last week that it has made its first investment ever in a telecom asset. The CapMan fund bought a 20% stake in Siberian Networks, one of the leading ISPs in Western Siberia, and the fund plans to raise its share to a blocking stake in the coming months.
Russia has invited China to participate in a project to build a satellite system for Ka band high-speed Internet access. The offer of cooperation was announced by Deputy Minister Naum Marder during a joint Russian-Chinese meeting on communications and information technologies held in Nizhny Novgorod in late August.
The ICT Group – one of Russia’s largest privately owned investment and industrial companies – announced last Monday its new status as the largest shareholder in Italian Wi-Max operator ARIA S.p.A., with a 28.6% stake.
The loss of the Express-AM4 communication satellite earlier this month has exposed the substantial difficulties facing the deployment of the DVB-T broadcasting network in Russia. Made by EADS Astrium, Express-AM4 satellite was equipped with transponders operating in C-, Ku-, Ka- and L-bands. These transponders were designed to provide DVB-T broadcasting and broadband Internet coverage across the …
MegaFon, a major Russian mobile operator, has confirmed its acquisition of St. Petersburg Internet provider Web Plus last June, according to the company’s quarterly results. Megafon bought the loss making firm, which owns $4 million in debt, for $2.5 million.
Authorities in Nizhny Novgorod, Russia’s fourth largest city, have announced plans to launch wireless Internet Wi-Fi free for users on the central streets of the city, the Business Monitoring Agency reports citing Head of city administration Oleg Kondrashov.
