TPV Technology to open $21 million LCD-TV plant near St. Petersburg
Hong Kong-based electronics manufacturer TPV Technology intends to open a $21 million plant to produce LCD-television sets near St. Petersburg, Kommersant reports.
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VimpelCom acquires Vladivostok-based mobile operator
VimpelCom, a leading international telecom group and Russian mobile operator, signed agreements last week for the acqusition of a 100% stake in New Telephone Company (NTC) from Korea Telecom and Sumitomo Corporation for $420 million, reported Kommersant, a Russian business daily.
Government proposes to establish a single unified address database
The Ministry of Economic Development proposed last week to amend existing regulations to create a unified database of home, property, and business addresses throughout Russia. Currently, databases owned by state agencies at various levels often overlap and even contradict each other, making address verification difficult. The proposal aims to introduce a single standard for assigning …
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New Israeli-Russian joint venture to design semiconductor chips in Russia
Tamir Fishman-CIG, a leading Israeli financial group, and the Russian Venture Company (RVC), the state-owned fund dedicated to fostering innovation in Russia, have invested over $6 million in a new joint venture to design a new ASIC semiconductor chip in Russia.
IBM to provide Rostelecom with advanced cloud technology solutions
Russia’s national telecommunications operator, Rostelecom, and IBM-East Europe/Asia signed an agreement last week according to which IBM will provide Rostelecom some of its advanced cloud technology solutions. Rostelecom plans to use the IBM technology to advance the development of e-Government infrastructure.
Mobile digital TV given a new chance in Moscow
Sistema Mass-Media (SMM), part of financial corporation Sistema, announced it would resume the project of creating a mobile digital television system in DVB-H standard in Moscow, reported Vedomosti, a Russian business daily. Digital Television and Radio Broadcasting (DTB), a wholly owned subsidiary of SMM specializing in automobile digital TV, will take up the project in …
Sweeping new changes planned for telecom frequencies market
The Russian government is considering major new changes to regulations governing ownership of radio frequencies, reports Vedomosti, a Russian business daily. If adopted, the changes would fundamentally alter the existing Law on Telecommunications, passed in 2003. Under the proposed new changes, mobile and telecommunications operators will have the right to share, buy, and sell telecommunications …
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TTK-NN to provide cable TV services in Nizhny Novgorod region
Telecom company TTK-Nizhny Novgorod (TTK-NN) has received a license on provision of cable TV services in Nizhny Novgorod region, the company reports. Under the license agreement, the company is to start providing services before March 2013. The license expires on March 23, 2016.
Rostelecom to build Internet superhighway connecting Europe and the Middle East
Rostelecom, Russia’s national telecommunications operator, announced an agreement this week to form a consortium with three other national telecommunications companies — the UK’s Cable & Wireless, Iran’s Telecommunications Infrastructure Company (TIC), and Oman’s Omantel. The consortium’s goal is to create a vast Internet superhighway, the Europe Persia Express Gateway (EPEG), connecting Europe and the Middle …
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Oxford University to help two companies from Tomsk
Isis Enterprise, the business consulting arm of Oxford University’s technology research group, Isis Innovation Ltd, will assist Triaxes Vision and Tomanalyt, two innovative companies from Tomsk, in their efforts to market their products internationally. Isis has entered into a three-year agreement with the two companies.
Thousands of Internet professionals attended RIF, Russia’s yearly must-attend industry event
Every Spring since 1996, for three days, the Russian Internet incarnates into a sprawling mass of living high tech energy — the Russian Internet Forum at Lesnye Dali (Far Woods), a hotel complex located in a picturesque pine forest 38 km northeast from Moscow. From Moscow and far beyond, RIF attracts virtually all those who count …
Rostelecom to invest 10 billion rubles in national cloud computing program
Rostelecom, Russia’s national telecommunications operator, intends to invest more than ten billion rubles (approximately $357 million) into the development of a national cloud computing platform through 2015. Rostelecom was appointed by the Russian government to develop the platform in March.
