The Federal Service of Financial Markets (FSFM) has registered $52 million follow-on shares placement report by Kazan-based innovation Technopark Idea, FSFM reports. The shares were reportedly placed privately.
Using GPON technology, Sibirtelecom connected 10 thousand subscribers to the internet in the Novosibirsk region. This passive optical networks project provides network access speeds of up to 1 Gb/s. Sibirtelecom announced that the number of connected subscribers will be increased three-fold by the end of 2011.
Tele2 Russia, a subsidiary of a European telecommunications holding based in Sweden, announced yesterday its 2010 financial results. The Russian subsidiary generated 10.3 billion Swedish crowns ($1.6 billion) in revenue, and its EBITDA reached 3.6 bn crowns ($555 million). This is a significant increase from 2009, with revenue up by 35.5 percent and EBITDA up …
Fast-growing Tele2 Russia increases revenues and investments Read More
Witology, a company specializing in the development and practical application of crowdsourcing technologies (methods of collective problem solving), reached an agreement with ONEXIM Group and Sputnik Group for investment in further crowdsourcing research. ONEXIM Group is owned by Mikhail Prokhorov, a prominent Russian billionaire and owner of the New Jersey Nets, an American basketball team.
Natalya Kasperskaya, founder and minority shareholder of Kaspersky Lab, has launched the international expansion of her new project “Nanosemantika.” The startup is focused on the development of artificial intelligence (AI) for virtual interface technologies.
Telenor, seeking an order that would require VimpelCom to issue extra shares in its favor at the same time that it issues shares for Wind, announced yesterday it had petitioned the Commercial Court in London for an injunction that would see those shares placed in escrow until the conclusion of the arbitration proceeding that it …
Telenor seeks injunction to derail VimpelCom acquisition Read More
The 13th annual International Exhibition and Conference CSTB-2011 was held in Moscow from February 1 to 3. The exhibition is dedicated to modern TV and telecommunication technologies formats and trends, including broadband technologies, pay-TV, cable TV, satellite TV, mobile TV, IPTV, HDTV, content, satellite communications, operators’ services in broadband networks and wireless technologies.
TTK, one of the largest principal Internet providers in Russia, announced its connection to traffic exchange point DE-CIX (Deutscher Commercial Internet Exchange) in Frankfurt, Germany. This is the sixth point of traffic exchange between TTK and international segments of the Internet. TTK’s other points of exchange are in London (LINX, since 2005), Amsterdam (AMS-IX, since …
The Runa Capital seed fund, established by Parallels founder Sergey Belousov, has been increased by $20 million — from $30 to over $50 million — and plans to finance 8 or 9 start-ups this year. The anchor investors of Runa Capital are Sergey Belousov, BoD chairman of Parallels and Acronis, and Alexander Galitsky, head of …
Runa Capital Fund to invest another $20 million in Russian start-ups Read More
State-owned Russian Development Bank (RBD) will allocate at most 300 million rubles for the capital formation of the Modernization, Innovation and Development direct investment fund (MID). RBD has formed partnerships with Russian as well as foreign investors, including German bank KfW.
The ANN investment company and VimpelCom announced their purchase of the Euroset group, one of the largest commercial cell phone networks in Russia.
Mobile provider MTS has plans to put up $27 million between now and 2013 to expand its Transbaikalia networks, RIA Novosti reports. Under plans, the firm will bring 3G networks to more than 50 localities and 2G networks to 30,000 people in 28 more towns of Transbaikalia
