The U.S. has filed to seize $300 million that it claims was paid in bribes by two major Russian telecoms firms to a close relative of Uzbek President Islam Karimov in exchange for access to the Uzbek telecoms market, news agency Bloomberg reported Tuesday. The complaint filed by the U.S. Justice Department in a Manhattan …
U.S. goes after $300 million in alleged bribes paid by Russian telecom giants Read More
Operators’ revenues from content services in Russia in 2014 decreased by 20% in comparison with the previous year, reaching $950.4 million, according to a report by AC&M-Consulting cited by ComNews. This decrease is a consequence of last year’s amendments to the legislation on communications, which have made access to content more difficult. According the new rules, subscribers’ explicit …
Earlier this month a variety of Russian companies and more than 1,300 Russian visitors attended Barcelona’s Mobile World Congress. Among the exhibitors were A1 Systems, Jet Infosystems, Peter Services, Protei, Start, Svyazcom, Yandex and Skolkovo. On Day 1, the Vedomosti publishing house organised a Russian breakfast, “Telecom 2015 – investments in new technologies,” which hosted Ms …
Top tech players and 1,300 visitors from Russia attended Mobile World Congress 2014 Read More
Russian mobile operator Yota has become a partner of the Internet Initiatives Development Fund (IIDF, or FRII in Russian), the $200 million fund launched last year to support Russian Internet startups. The company will invest in the fund’s startups, and may also look at acquiring some projects. Startups will also benefit from the company’s support through …
IIDF teams up with mobile operator Yota to support startups Read More
During three weeks, from November 18 to December 12, InnoFest will bring together more than 1,000 young scientists from among university students and postgraduates, as well as research fellows representing research institutes from the Nizhny Novgorod region. High-level government officials and business people from both the domestic and international entrepreneurial communities are also expected. Put …
Nizhny Novgorod to host youth innovation festival with support of Richard Branson Read More
Telum, the developer of the Ranberry family of mobile products in Russia, has developed technology that enables users to quickly deploy a 4G/LTE wireless broadband network for voice, video and data transmission. The project, called Ranberry B1000, incorporates products by Telum and by Intel. Telum is a resident of Skolkovo, the international tech hub under …
Fast-deployment LTE technology can connect Russia’s Arctic Read More
Russian project Fairwaves has announced on its website that in August it joined US accelerator Techstars. According to Russian business publication RBC, Techstars has invested $118,000 in Fairwaves in exchange for a 6% stake. The company previously received $80,000 investment from the Dutch fund NLnet, $260,000 from the New America Foundation Open Technology Institute, around $50,000 from the …
Russian mobile network solution provider Fairwaves joins US accelerator Techstars Read More
Last week Trivon AG, which does business through its subsidiaries under the Virgin Connect brand in Russia, confirmed its commitment to doing business in Russia and unveiled its latest results during the official opening of its new Nizhny Novgorod regional headquarters. Speaking to regional and local government officials, key customers and members of the press, Istvan Kovacs, …
Last week Rostelecom, the Russian national telecom operator, rolled out the beta version of its long-awaited new portal last week, offering visitors what the developer believes to be an easy-to-use and reliable combination of search, news and ‘life navigation’ capabilities. Available in Russian only, Sputnik.ru is a service and search portal designed to “improve the users’ …
New search engine Sputnik provides Russians with “safer and more useful” Internet Read More
The Moscow metro will hold a competition to create a unified mobile network throughout the city’s sprawling underground transport system, a source familiar with the metro’s plans told Itar-Tass on Monday. The planned competition was confirmed by two mobile operators, and a source close to the Moscow Department of Information Technology said that the winning …
Ozon Holdings, one of the most established players on the Russian e-commerce scene, announced today a $150 million funding deal with AFK Sistema, a Russian LSE-listed holding operating in a range of industries, and its subsidiary MTS, a leading mobile operator and retailer. [See Sistema’s investor presentation of the deal.] The transaction marks the most significant investment volume …
Ozon receives giant funding from AFK Sistema and MTS Read More
Rusnano, Russia’s nanotech giant, Tomsk-based Micran, a major electronics manufacturer, and Finland’s Nokia Solutions and Networks (NSN) are shutting down Wireless Technology Center (WTC), their joint LTE base station facility in Tomsk. Russian media have offered the lack of legal endorsement by national regulators as an explanation for the move. A year ago WTC equipment …
Russo-Finnish consortium halts Siberian LTE equipment manufacturing Read More
