Earlier this month Keepgo, a Tel Aviv-based mobile data roaming startup operating globally, announced its first venture funding round: $1.3 million at an undisclosed valuation. The capital was brought in by IMI.vc and AltaIR, two Russian funds backed by serial entrepreneurs Igor Matsanyuk and Igor Ryabenkiy. Keepgo presents itself as a mobile data operator with …
The 10th edition of the yearly Mobile VAS & Apps Conference – probably the largest event on these topics in Eastern Europe – was held in St. Petersburg in late November in partnership with East-West Digital News. The conference was attended by over 500 participants from 19 countries, most of them CEOs, senior managers, and employees of …
Trivon AG, the Switzerland-based company which does business through its subsidiaries under the Virgin Connect brand in Russia, announced today that it has acquired 100% of MegaMax, one of the leading B2B broadband and telecom operators in the Nizhny Novgorod region. The terms of the transaction were not disclosed. The MegaMax Group has developed its own …
J’son & Partners, a leading consultancy covering Russia’s telecom and IT markets, has released an insightful research about LTE perspectives in Russia and across the world. In the medium-term perspective (5-6 years), the largest Russian mobile operators will have not only build a 4G network in accordance with the licensing requirements and their own investment …
VimpelCom, an international NASDAQ-listed telecom group and a leading Russian mobile operator under the Beeline brand, is stepping up its Russian-wide LTE presence. Last Friday, the operator started an active regional 4G expansion by announcing the launch of a LTE network in Russia’s westernmost enclave of Kaliningrad. The FDD LTE standard network works in a …
MegaFon, a leading Russian telecom operator, announced late last week the launch of ‘DREAM,’ an ambitious Eurasian fiber optic communications landline project that connects Frankfurt-am-Main in Germany and Hong Kong in China. To undertake this endeavor, which has cost MegaFon 600 million rubles (about $18 million), the Russian company partnered with KazakhTelecom, a leading telecom …
MegaFon and partners launch DREAM FOCL to connect Europe and Asia Read More
VTB Bank, a leading, state-owned Russian bank, surprised the Russian telecom market last week by announcing the sale of a 50% stake in Tele2 Russia, Russia’s fourth largest mobile operator. The Bank had acquired 100% of shares in Tele2Russia for $3.55 billion just six months ago from the Swedish telecom group Tele2 AB. The buyer …
VTB sheds 50% of its Tele2 Russia asset in unexpected deal Read More
Tele2 Russia, a former subsidiary of the Swedish telco Tele2 which was acquired earlier this year by Russian bank VTB, has issued a virtual international payment card for online shopping in partnership with MasterCard. Connected to a Tele2 subscriber’s mobile account, the new payment instrument, named “Tele2 MasterCard virtual card,” lets online shoppers spend up …
Tele2 Russia teams up with MasterCard to issue virtual international payment card Read More
London, UK & Moscow, Russia – IXcellerate, Moscow’s premier carrier neutral datacenter, today announces that Orange Business Services, a leading global integrator of communications solutions, has established a point of presence in IXcellerate Moscow One Datacentre. This move creates an access point that connects the datacenter to Orange’s high-speed multi-service network, offering both IXcellerate and Orange …
Cinarra Systems, a developer of mobile operator analytics and monetization technologies, announced yesterday a $4.5 million Series A round of “venture capital and strategic financing.” The round was led by Russia’s Almaz Capital, while Cisco and undisclosed individual investors also participated. Geoffrey Baehr, a general partner at Almaz Capital, will join the company’s board. Cinarra …
The Ruby, a mobile LTE hotspot developed by Moscow’s Yota Devices, is debuting outside Russia. Talk Point, a German electronics retailer, is expected to launch sales of the device to both individual customers and other retailers in Germany via its own outlets and partner stores, Yota Devices CEO Vlad Martynov told the Russian business daily …
Russia’s Yota Devices to sell LTE hotspot in Germany Read More
MTS, a leading Russian mobile operator named one of the ten most valuable global telecom brands this past spring, announced last week that it will invest as much as much as $200 million for an expansion of its networks in neighboring Ukraine and in Turkmenistan, a former Soviet Union state located in Central Asia. Apparently …
MTS invests $200 million in major expansion in former Soviet Union Read More
