Newly registered in the Netherlands, Svyaznoy NV has emerged as the owner of a 99.99% stake in the Svyaznoy Group of Companies CJSC, reported Russian business daily Vedomosti. Svyaznoy NV only controls the retail business of Svyaznoy, currently Russia’s second leading mobile phone retailer after Euroset. Other Svyaznoy assets, including a bank and a retail …
Leading Russian mobile operators VimpelCom and MTS are eying to acquire Utel, the mobile unit of Ukrtelecom, a major fixed-line Ukrainian operator. Astelit, a subsidiary of the Turkish Turkcell, was also named as potential buyer.
Leading Russian mobile operator MegaFon announced on June 10 that it has acquired NetByNet, a fixed broadband Internet, digital TV and IP telephony operator. The value of this transaction is approximately $270 million with the final amount depending on financial performance of the company in 2011, MegaFon explained.
Geneva – ITU Secretary General Hamadoun Touré met with Russian Prime Minister Vladimir Putin during a historic visit to UN Headquarters in Geneva where the two discussed global access to the benefits of information and communication technologies (ICT). Russia has long been a supporter of ITU and was one of its founding members nearly 150 years ago.
AlterGeo, a Russian startup inspired by the Foursquare concept, announced yesterday it has closed a third round of financing with Intel Capital, prominent Russian venture fund Almaz Capital — sometimes called the Almaz-Cisco fund, and U.S. angel investor Esther Dyson, who is involved in several Russian IT projects.
Russia and Iran have agreed to build a high-speed telecommunications cable linking Europe to Persia, signing the deal on Wednesday during a visit to Iran by Russian Minister of Communications and Mass Media Igor Shchegolev. The information superhighway will start in Oman, pass through Iran and Russia, and end in Germany. The line may eventually be extended to …
Russia’s national long distance carrier and leading telecom group Rostelecom has wrapped up a deal with its Chinese peer China Telecom to expand the capacity of the Transit Europe-Asia (TEA) system, Rostelecom reported in a press statement on Monday.
Leading Russian and international telecom group VimpelCom intends to build an innovation technical center in Yaroslavl region’s Novoselki industrial park, Interfax reports.
MTS, a leading NYSE listed mobile operator in Russia, will invest over 600 million rubles ($30 million) in a unified system for monitoring and quality control of MTS services, the company reported in a news release on Monday. The management solution for the new system will be provided by Krakow-based firm Comarch.
Russian Navigation Technologies (RNT) announced last week that the story of its formation and growth has been included as a business case study at Stanford and a number of other US universities. RNT is Russia’s largest manufacturer and integrator of telematics systems and a leader on the Russian fleet management systems market. Its Auto Tracker …
Stanford students to study Russian telematics success story Read More
Roscosmos Deputy head Anatoly Shilov announced yesterday significant improvement in Glonass accuracy. “Today, the system’s precision is to 6 meters, compared to 7 meters for GPS. In the next one or two years we must achieve an accuracy of 2 to 3 meters.” The statement was made at an international forum on satellite navigation held in …
Mobile discounter Tele2 Russia has announced a program to turn over 25% of its 450 mobile shops in Russia into fully-fledged retail outlets selling mobile services. Of Tele2’s existing 450 stores, 120 are to be transformed into ‘supermarkets’ by the end of 2011. Tele2 has been pilot-driving its ‘cellular supermarket’ concept since the end of …
