National telecom operator Rostelecom is considering building a $110 million submarine communication line between St. Petersburg and Kaliningrad region, reports ComNews.ru, a site specializing in the Russian telecom and IT markets. The company might carry out the project with partner investors or on its own, ComNews.ru says.
PayPal, the leading international online payment company, has according to unnamed sources taken “the strategic decision” to enter the Russian market, reported RBC Daily. The business daily also reported—and PayPal confirmed to EWDN—that PayPal is holding discussions with MTS, VimpelCom and MegaFon, Russia’s leading mobile operators.
MTS, a leading Russian mobile operator and retailer, announced last Friday the launch of co-branded MasterCard credit cards under the name of MTS Dengi (“MTS Money” in Russian). The cards are being issued by the Moscow Bank for Reconstruction and Development (MBRD).
Amsterdam and New York – VimpelCom Ltd. and WIND Telecom S.p.A., leading international providers of telecommunications services, are pleased to announce the closing of the transaction that combines the two entities to create a new global telecom group.
Tele2 Russia emerged as the main winner in four regional tenders for GSM 1800 licenses in the Russian Far East. It has received from telecommunications regulator Roskomnadzor the right to operate in the Kamchatka, Sakhalin, Koryak, and Chukotka regions and will now operate in 41 Russian regions out of 83.
The consortium appointed several months ago by Russian authorities to investigate the conditions of LTE deployment was finally formed this past Monday, reports Russian business daily Vedomosti.
Russia’s national telecommunications operator Rostelecom intends to develop 4G network in the Republic of Chuvashia, Kommersant reports. Investment in the project has yet to be disclosed but is estimated by experts at $40-$50 million. The network construction is scheduled to start this year.
Tele2 board member Mia Brunell Livfors met with Russian Communications and Mass Media Minister Igor Shchegolev during a Russo-Swedish meeting on bilateral commercial relations held in Stockholm in late March, reported Vedomosti, a Russian business daily.
MTS, a leading Russian mobile operator, intends to purchase Republic of Tatarstan TV and Radio Company TVT (TRC TVT) for $180 million, Kommersant reports. TRC TVT, the largest cable TV operator in Tatarstan, is currently 100% owned by TAIF group. It provides services in 15 municipalities and covers over 650,000 households.
Rostelecom, Russia’s national telecommunications operator, has announced plans to build a fiber-optic communication line (FOCL) to Sakhalin Island in the Far East district.
A total of $21.2m is to be spent on development of telecommunications services in the villages in Samara region, regional officials report. The project is reportedly expected to be financed under private-public partnership, with half of the funding to be allocated from the regional budget, and another half to be invested by the region’s telecom …
Samara region launches $21 million telecom services development plan Read More
Rostelecom, Russia’s national telecommunications operator, intends to invest $15.3 million in the development of telecommunications networks in Tomsk region in 2011, up 34.4% from 2010, news agency RIA Novosti reports.
