Tele2 Russia, the Russian subsidiary of the Swedish-based European telecommunications group, has offered to acquire a 97% stake in regional operator SMARTS for $390 million, including $100 million to cover debt. Based in Samara, SMARTS is a Russian mobile operator with a regional presence that would ideally compliment that of Tele2 Russia, which currently operates …
Russia could soon have a representative on the board of directors of ICANN (Internet Corporation for Assigned Names and Numbers), the international U.S.-based domain-name authority. The announcement was made yesterday at the second Russian Internet Governance Forum (RIGF) in Moscow. Marina Nikerova, chairwoman of Russia’s national domain coordination center, has applied to join ICANN’s board. …
Russian representative may gain seat on ICANN board Read More
Five Russian companies are among the 200 finalists of Red Herring’s European startup contest held in Amsterdam. This group of 200 companies is the short list for the Top 100 Europe award. The Red Herring editorial team found them to be “the most innovative” and “exciting” after evaluating them on both quantitative and qualitative criteria, …
5 Russian startups among finalists for Red Herring’s Top 100 Europe Read More
Rostelecom, Russia’s national telecommunications operator, together with Russian Radio Broadcasting Network (RRBN) signed a cooperation agreement to organize the terrestrial transmission of digital content to the RRBN transmitters across the country, thus enabling the broadcasting of eight federal TV channels (Channel One, Channel Two Russia, Russia-24, Channel 5 – St. Petersburg, Sport, Russia-K, NTV, and …
Rostelecom’s backbone network to transmit digital TV content across Russia Read More
The BrandZ Top 100 Most Valuable Global Brands, an annual ranking of brand value developed by Millward Brown Optimor with The Financial Times, has recognized MTS as Russia’s top brand and valued it at $10.9 billion. Not only is MTS – short for Mobile Telesystems – Russia’s leading mobile operator based on number of subscribers …
MTS named as Russia’s leading brand, valued at $10.9 billion Read More
Digital TV broadcasting has been launched in Sakhalin region in testing mode, regional officials report. The digital TV stations have been installed in 12 out of 19 municipal districts in the region. In the city of Yuzhno-Sakhalinsk and some other municipalities test broadcasting is delayed due to technical difficulties in equipment installation.
Hong Kong-based electronics manufacturer TPV Technology intends to open a $21 million plant to produce LCD-television sets near St. Petersburg, Kommersant reports.
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.
You once said that you were in love with Russia. Please explain! To be in love means to believe and to be committed. We believe in Russia, in its entrepreneurs who are hungry for success. Some of them are very bold, like Oskar Hartmann (founder of leading online private shopping club KupiVIP.ru), Nikita Sherman (founder …
David Waroquier of Mangrove Capital Partners: Investing in Russia with “love” Read More
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 …
Government proposes to establish a single unified address database Read More
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.
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.
