A few months after the first mass market GLONASS+GPS car navigation devices appeared on the Russian market, supply has been rising rapidly and prices have started to fall. Two navigators, the Lexand SG-555 and the Explay GN-510, were introduced fewer than two weeks ago by their producers, Lexand and Explay, at the recommended retail prices …
Russian GPS+GLONASS car navigator market hit by price war Read More
As of June 1, VimpelCom, a leading mobile operator in Russia under the Beeline brand, will begin testing their wireless payment system, developed by Ambiq Technologies, in the St. Petersburg subway system. The mobile phone add-on was unveiled two months ago by Ambiq Tech St. Petersburg, the Russian branch of American company Ambiq Technologies.
Rostelecom Yug, the regional subsidiary of national telecommunications operator Rostelecom, will invest one billion rubles (approx. $35 million) to develop Sochi’s telecommunication infrastructure, the company announced. The funds will be used, in particular, to build an undersea fiber-optic cable in the Dzhubga-Sochi-Vesely area, to modernize power unit equipment, and to reinforce and digitalize the telecommunications …
Rostelecom to invest 1 billion rubles in Sochi’s telecommunications Read More
Former telecommunications minister and presidential counselor Leonid Reiman has created and personally invested in a fund called Alternative Capital Investment. Partners in the fund are a Cyprus-based subsidiary of VTB, a leading Russian bank controlled by the Russian state, and other unnamed investors.
Summary: The communications & media sector was one of the fastest growing areas of the Russian economy in 2010 and Q1 2011, with IT and hardware spending quickly rebounding after a sharp decline in 2009. Communications & media is also one of the most innovative sectors in the economy, quickly developing and adopting the latest …
Mergers & acquisitions in the Russian telecommunications & media sector Read More
During a visit to New Delhi last week, a top-level delegation of NIS GLONASS, Russia’s national provider of satellite-based navigation services, exchanged opinions with DIMTS, an urban transport and infrastructure services company backed by the Delhi government, about implementing intelligent transportation systems in Russian and Indian cities as well as about furthering commercial development. The …
MTS, a leading Russian mobile operator and Rostelecom, the Russian national telecommunications operator, are among the Russian companies mulling the acquisition of GNC-Alfa, Armenia’s leading operator of fiber-optic cable infrastructure. Another candidate for the acquisition is France Telecom, Russian business daily Kommersant reported from unnamed sources. The estimated value of the company could be between …
Russian operators compete with France Telecom to acquire Armenia’s GNC-Alfa Read More
In a bulky 140-page report, the Russian Ministry of Communications and Mass Media highlights an 8.4% total year-to-year growth of the ICT sector, particularly 14% in the IT field. According to the report, the overall volume of the ICT sector in Russia totaled 1.9 trillion rubles ($68.6 billion) in 2010. Of the total ICT market, …
Russian ICT market totaled $68.6 billion in 2010 (government report) Read More
MegaFon, a leading Russian mobile operator, has made its phone interpreting service available nationwide. The service, which until now was accessible only from Moscow region, uses a three-way conference call format, enabling a person to speak with another person through an interpreter.
Soyuz-Telecom, a WiMAX operator little known until now, announced last month the extension of its coverage to Vsevolozhsk, a city in the St. Petersburg region. The company, founded in 2007, now covers 17 small cities across the country. It has not, however, disclosed its number of subscribers. Russian entrepreneur Theophan Bondarenko owns a majority stake …
Rostelecom, Russia’s national telecommunications operator, opened its first digital signature center yesterday, reports CNews.ru, a website covering IT and telecommunications issues. Rostelecom offers USB keys designed to facilitate access to e-government services. The keys cost 600 rubles—a little more than $20.
MTS, one of Russia’s leading mobile operators, announced the launch of a cloud-based distribution system for multimedia content — the first such experiment in Russia and CIS countries. The announcement was made last week at Sviaz-Expocomm, a major international event of the telecommunications industry held each year in Moscow.
