Mobile & Telecom

i-Free Innovations’ Everfriends artificial intelligence technology wins prestigious award

St. Petersburg, Russia – i-Free Innovations, a Russian mobile applications and games developer and publisher, today announced that Artificial Intelligence (AI) technology developed by a team led by engineer Vladimir Veselov, in cooperation with i-Free Innovations for its Everfriends Android-based virtual mobile assistant, has won the prestigious Turing100 “AI Machines Competition” held in Bletchley Park, …

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Nokia ditches its Russian single-brand retail network, bets on online sales

Nokia has scrapped its plans for a single-brand retail presence in Russia and will close all of 50 of its existing Russian stores in the near future, reports RIA Novosti, citing an exchange with Nokia Vice President Erik Bertman, head of Nokia Eurasia. As of yet, there’s no official confirmation of the news on Nokia’s …

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Oleg Tinkov teams with Goldman Sachs to invest in online advertising and mobile

Russian businessman Oleg Tinkov last week announced the launch of Tinkoff Digital, an Internet company that will develop new technologies and products for the online and mobile advertising markets. Goldman Sachs will join Tinkov as a co-investor and shareholder in the business at an undisclosed share split. Tinkov and Goldman Sachs will initially invest approximately …

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Intel joins Russia’s ERA-GLONASS crusade for road safety

Intel Software, an Intel subsidiary and a new Skolkovo resident, has announced plans to develop an intelligent automotive system supported by ERA-GLONASS-based open software platform services. The endeavor calls for the development of a hardware-software solution integrating ERA-GLONASS, a real-time satellite-based infrastructure service that takes full advantage of Russia’s GLONASS satellite positioning system and was …

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MTS eyes acquisitions in Europe

MTS, a leading mobile operator and telecom provider in Russia and the CIS, is considering acquisition opportunities among European assets that have suffered in the crisis, said MTS investor relations officer Josh Tulgan in an exchange with Bloomberg yesterday. “You can characterize some assets in Europe as borderline distressed. Obviously, we look at opportunities,” though …

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MTS set for digital move

Russia’s MTS will make digital TV services available across its entire network on July 1. Quoted in Vedomosti, Dimtri Bagdasaryan, director of the company’s fixed line and TV business, said that MTS expects to have 500,000 digital subscribers by the end of 2012 – it served a total of 2.99 million homes at the beginning …

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Yota stops activities in Bielorussia

Scartel, the leading Russian WiMAX and LTE operator operating under the Yota brand, stopped operations in Bielorussia yesterday, just six months after it launch in this country of almost 10 million inhabitants. Scartel had deployed 38 LTE base stations deployed in Minsk, the capital, and Grodno, a major city.

Speaktoit secures funding from Intel Capital

Speaktoit, a developer of technologies based on natural language conversations, announced last week it has received an investment from Intel’s investment arm, Intel Capital. The investment amount and the startup’s valuation are kept undisclosed. Founded in Russia in October, 2010, Speaktoit attracted angel money in January, 2011. It also received a grant from Skolkovo, the state-sponsored …

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New industry association to promote satellite geolocation services

Aiming to develop Russia’s navigation and information service market, a group of Russian satellite service providers as well as telecom and Internet market players have established an industry association called Assistance in the Development and Use of Navigation Technologies. The initiative was announced earlier this month by national navigation service provider NIS GLONASS, which is …

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LTE tenders scheduled for July; Tele2 could sell its Russian subsidiary in case of failure

Tele2 Russia, the Russian subsidiary of a European telecommunication group based in Sweden, will take part in upcoming tenders for allocation of LTE frequencies across Russia in the 791-862 MHz range. After being postponed several times, the upcoming tenders are scheduled for the 16th of July, 2012. “We understand that our chances are not great, based …

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