Mobile & Telecom

MTS to pay out $1.08 billion in 2010 dividends

MTS, a major Russian mobile operator and retailer, has announced plans to pay out $1.08 billion in 2010 dividends, which accounts for 70.08% of the company’s net profit for the year. The company’s dividend policy reportedly implies to direct at least 50% of profit on dividends.

VimpelCom to invest up to $500 million in Vietnamese subsidiary

VimpelCom, a leading mobile operator in Russia and one of the world’s largest telecom group, announced yesterday that it agreed with its local partner in Vietnam on a financing plan for its Vietnamese joint venture, GTEL-Mobile.

Twitter debuts in Russian—five years after English version

Twitter officially launched new Russian and Turkish language versions of its web and mobile interfaces on Tuesday. The microblogging service launched in the US in 2006 only started to gain notice and popularity in Russia about two years ago.

Ericsson commits to Russia’s Skolkovo Innovation Center

Formally announced after the meeting between Swedish and Russian prime ministers, Ericsson’s participation in Russia’s Skolkovo Innovation Center draws on the company’s 120 years of collaboration with Russia on ICT modernization. The strategic agreement will help drive innovation and development in the country’s science and technology sectors.

MTS to invest $14.4 million in Lipetsk region in 2011

MTS, a leading Russian mobile operator, intends to invest $14.4 million in telecom network modernization in Lipetsk region in 2011, reports CNews.ru, a site covering IT and telecoms issues. Under plans, the company is to replace radiosubsystem and commutation equipment, renew software and expand transport network. The program is scheduled to be carried out till …

MTS to invest $14.4 million in Lipetsk region in 2011 Read More

Tele2 enters Moscow market

Tele2 Russia, the Russian subsidiary of the Swedish telecommunications group, launched “Cheaper Calls” last week, its first offer to Muscovites. The offer includes discounted calls from the Moscow region, from sea resorts and for calls from abroad.

VimpelCom to prepare a Skype-like VoIP offer

VimpelCom, a major Russian mobile operator, is talking with outsourcing companies about developing an IP telephony product functionally similar to Skype. The news, provided by unnamed sources, was reported last week by CNews.ru, a Russian site covering IT and telecom issues.

Mobile retailer experiments with geotargeted mobile advertisement

Svyaznoy, Russia’s second largest mobile retailer, has just launched a mobile advertising campaign using the geotargeting capacities of AlterGeo, a Russian startup inspired by the real time interactive map and navigation of Foursquare. The campaign promotes Samsung’s new Galaxy Gio handset among AlterGeo users who come within the vicinity of a number of Svyaznoy’s physical …

Mobile retailer experiments with geotargeted mobile advertisement Read More

MTS to spend over $70 million for unlimited Oracle licenses

MTS and Sitronics have entered into a three-year contract with Oracle to purchase and integrate Oracle licenses into all the companies of the MTS group, Russian business daily Vedomosti reported this Tuesday. Sitronics will maintain the purchased software.

MTS to buy Ufanet for $170-$180 million

MTS, a leading Russian mobile operator, intends to purchase Bashkortostan’s telecom operator Ufanet, Russian business daily Kommersant reports. In the fall of 2010 Megafon wanted to buy Ufanet but in the last moment changed decision because of the price of $170-$180 million.

MTS becomes second nationwide GSM operator

MTS, the leading Russian mobile operator based on number of subscribers (71.4 million in 2010), won a tender for GSM frequencies in the Penza region, the last remaining region it had yet to penetrate. Until now, MegaFon was alone in operating GSM networks in all of Russia’s 83 regions.

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