Mobile & Telecom

Rusnano exits US Wi-Fi chipset provider Quantenna with high return

Rusnano, the Russian state-controlled nanotechnology corporation, has exited Quantenna Communications, a US-based provider of high-performance Wi-Fi solutions, six years after an investment of around $20 million in the company. Revealed by SEC documents and confirmed by Rusnano, the exit transaction took place December 2018. The Russian firm received some $43 million in exchange for its …

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Yandex launches own-branded, AI-powered smartphone in Russia

Last week Yandex, the NASDAQ-listed Russian search giant, announced the release of its first branded smartphone, Yandex.Phone. Priced at 17,990 rubles (around $270), this Chinese-made device weighs in a relatively modest range of smartphones. Still, it is overpriced according to mobile phone resellers, if considering its unimpressive design and speed. But this device distinguishes itself by …

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New exit for Russian entrepreneurs in California: Adjust buys Acquired.io

Earlier this week Adjust, a mobile measurement and fraud prevention company operating globally from its Berlin headquarters, announced the acquisition of Acquired.io. Founded in San Francisco in 2016 by Russian entrepreneurs Andrey Kazakov and Max Gannutin, Acquired.io has developed a SaaS solution that simplifies and automates campaign management for mobile user acquisition, especially via social networks. In 2017, …

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4G growing fast, 5G to follow in Russia and neighboring countries, says GSMA report

GSMA Intelligence, the research branch of international mobile operator association GSMA, has just released an overview of the mobile economy in Russia and 11 neighboring countries: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine and Uzbekistan. The findings of the report may be summarized as follows:   Mobile penetration rates The region was …

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Rostec creates mobile telecommunication products for marine vessels

Ruselectronics (Rusel), a part of the Rostec state corporation, has developed a multifunctional integrated communication complex designed for the digitalization of communications on marine vessels. Dubbed MIKS, the complex contains a mobile segment – base stations, mobile phones and sensors measuring the physiological state of the crew. On board, MIKS provides internal hands-free voice communication, ship telephony, video …

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Xiaomi launches e-commerce site in Russia

In late August Xiaomi, a leading Chinese electronics corporation, launched Mi.com, its official e-commerce site in Russia. The brand’s new Android-powered models — Mi A2 and Mi A2 Lite — will be presented in Russia on the occasion of the launch. The company is planning to continue enlarging its assortment aimed at Russian customers. Besides …

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Yandex to launch own-branded smartphone on Russian market

The Russian search giant is planning to launch a Chinese-made smartphone under its own brand later this year, reported business daily Vedomosti, based on various sources. Dubbed “Yandex.Telefon,” (model YNDX-000SB), the device appeared last month in the registry of cryptographic devices authorized for import in the Eurasian Economic Union, of which Russia is a member. …

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Chinese investors take full control of YotaDevices, the maker of Russia’s first international smartphone

Rostec, a major Russian tech corporation, has agreed to sell its 25.1% stake in mobile device maker YotaDevices to a consortium that includes Chinese companies Trinity World Management (TWM) and China Baoli.  [Update Oct. 15, 2018: The deal was cancelled following a decision from the Hong Kong exchange authorities, as reported by Kommersant.] The deal, …

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Legendary Nokia 3310 gets new design to celebrate Putin-Trump meeting

The Russian manufacturer of luxury smartphones Caviar has announced a new design for its Putin-Trump edition of the legendary Nokia 3310 feature phone. One year after its initial launch, this new edition is dedicated to today’s summit between the two presidents. Christened ‘Peacemakers,’ the new device “reflects the hope for restoring the friendly relations between Russia and America,” …

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Sberbank customers can now transfer money using just a mobile number

Tinkoff Bank, a pioneer in P2P money transfers using a mobile number, has made available this service to Sberbank customers – expanding its potential audience to millions of customers of Russia’s leading savings bank. This service, which Tinkoff describes as being one of its most popular payment methods, will be made available to all Sberbank customers …

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Mail.Ru Group and Turkcell announce “strategic partnership” focused on social media and email solutions

Turkcell Group, an leading global digital operator, and Mail.Ru Group, a top Russian Internet company announced today a “strategic partnership” to “provide global digital services.” The partners have “begun to evaluate cooperation” on social media and e-mail solutions. “Our e-mail solutions can enhance Turkcell’s eco-system of digital services. We also think that our social networks …

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