Operators & Networks

MTS acquires two event ticketing companies, aims for market leadership

Last week MTS, a leading Russian mobile operator, announced the acquisition of a 100% share in Ticketland.ru and a 78.2% share in Ponominalu.ru, two leading event ticket operators in the Russian market. MTS says it expects to establish itself as a leading ticket operator in Russia. The deal “will allow the company to broaden its …

MTS acquires two event ticketing companies, aims for market leadership Read More

Sberbank and Tinkoff Bank roll out MVNOs

Online financial services provider Tinkoff Bank and state-controlled giant Sberbank are currently rolling out mobile virtual network operators (MVNO), after launches late last year. Both are using the network and infrastructure of Tele2, Russia’s fourth-largest mobile operator. Sberbank’s mobile service is targeted at the lender’s existing clients, who comprise around half of all retail customers in …

Sberbank and Tinkoff Bank roll out MVNOs Read More

Mobile operator MTS buys Gambit Esports

Last week MTS, a leading Russian mobile operator, announced the acquisition of Praliss Enterprises, the parent company of Gambit Esports, for an undisclosed amount. Gambit Esports has four teams (16 players in total) participating in the most popular cyber game disciplines: Counter-Strike: Global Offensive (CS:GO), League of Legends (LoL), Dota 2 and FIFA. Gambit Esports teams have repeatedly earned …

Mobile operator MTS buys Gambit Esports Read More

Top Russian mobile operator is taking on Uber

Mobile TeleSystems (MTS, a leading Russian mobile operator) is offering online taxi hailing and medical appointments over video, as Russia’s largest mobile carrier pursues new apps for revenue growth amid stiff wireless price competition. The carrier made an speedy foray into Russia’s taxi business in October after Uber in July agreed to merge its operations into a …

Top Russian mobile operator is taking on Uber Read More

MegaFon and Raiffeisenbank complete first Blockchain bond placement in Russia

Earlier this month MegaFon, a major Russian mobile operator, announced the completion of a 500 million ruble (around $8.6 million) bond issue with Blockchain settlement. The entire issue was purchased by Raiffeisenbank. The system, which was developed in the course of this year, is intended for bond placement and circulation of digitized assets, making accounting …

MegaFon and Raiffeisenbank complete first Blockchain bond placement in Russia Read More

Russian mobile operator invests $10.8 million in local retail software developer

Earlier this month Russian cell phone operator MTS acquired a majority stake (50,82%) in Oblachyi Retail (“cloud retail” in Russian) for 620 million rubles ($10.8 million at the current exchange rate). The news was reported by local online publication Firrma.ru based on its exchanges with MTS. The funding includes 30 million rubles (roughly $525,000) for debt repayment, …

Russian mobile operator invests $10.8 million in local retail software developer Read More

New Blockchain project seeks to leverage unused SMS in a $70 billion market

The creativity of Blockchain entrepreneurs seems to have no limits, but this application is about good old SMS. Many of us have a text-messaging bundle included in their mobile subscription plan, sometimes with an unlimited number of messages. This makes plenty of unused SMS, which we usually don’t even pay attention to. Canopus Technology Ltd., a …

New Blockchain project seeks to leverage unused SMS in a $70 billion market Read More

Legal experts warn: Russia’s ‘Big Brother law’ contradicts new EU regulation, putting at risk international data exchanges

The legislation adopted last year in Russia to strengthen state control over digital communications is not fully compatible with the new EU regulation in the field of personal data protection, believe Russian experts interviewed by the business daily Vedomosti and East-West Digital News. Such a contradiction, if confirmed, would expose Russian mobile operators to considerable …

Legal experts warn: Russia’s ‘Big Brother law’ contradicts new EU regulation, putting at risk international data exchanges Read More

Mobile operator MTS to store user data in pilot anti-terror scheme

Russian cell phone operator MTS will be the first company to start storing users’ data under controversial new anti-terror laws. MTS will be running a pilot program in an unnamed Russian city, Russia’s Vedomosti newspaper reported Wednesday. The trial run will test whether existing technology could be used to enforce the laws. The storage equipment needed for …

Mobile operator MTS to store user data in pilot anti-terror scheme Read More

International business mobile conference (Moscow, April 25)

The sixth edition of the International Mobile Conference for Business MBLT17 will take place on April 25 in Moscow. The event will bring together experts from such tech giants as Google, Facebook, Shazam, Uber, AppAnnie, Statsbot, Qlean, AppMetrica, Aviasales and a number of other industry players to discuss a variety of the latest trends of …

International business mobile conference (Moscow, April 25) Read More

Russian Church launches “Christian mobile operator”

Devout Russian Christians will soon be able to sign up to the country’s very own Orthodox mobile operator. As well as deals on mobile internet and calls, Blagovest will let users sign up for added bonuses such as text alerts from the Russian Patriarch, the business daily Vedomosti reported Tuesday. The company’s website also contains a special …

Russian Church launches “Christian mobile operator” Read More

Sberbank offers $588 million loan to help Megafon take control of Mail.ru Group

MegaFon‘s plan to acquire a majority stake in Mail.Ru Group, Russia’s main Internet group, seems to materialize with Sberbank opening a credit line of 35 billion rubles ($588.62 million at the current exchange rate) until 2024 to help finance the transaction. The bank will also lower interest rates on three existing credit lines amounting to 97.2 billion roubles. The announcement was …

Sberbank offers $588 million loan to help Megafon take control of Mail.ru Group Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.