Amsterdam and New York – VimpelCom Ltd. and WIND Telecom S.p.A., leading international providers of telecommunications services, are pleased to announce the closing of the transaction that combines the two entities to create a new global telecom group.
Ogoniok, a Russian weekly owned by Kommersant, reported plans to create an international Russian-language TV channel. The project will be managed by Valery Komissarov, a former member of the Russian Duma, who claims to have a background in entertainment television and who announced to the press last month that investors had been found for the project.
Have you been watching the rise in media that is increasingly comparing GPS to GLONASS to BEIDOU and others? In some cases the comparisons seek to outright claim one is ‘better’ than another. In others, the comparison is framed as a ‘challenge’ , and yet others see Europe’s GALILEO as having a major influence currently (which is …
Is the real issue about comparing GPS to GLONASS to BEIDOU? Read More
Yandex, the leading search engine on the Russian-language Internet, announced yesterday the launch of Yandex.Factory, an investment program designed to help startups finance their product, prototype, or project development at the seed, or early, stage.
More than 120 Russian broadcasters and content distributors represented Russia at MIPTV, a key industry event for the European content market that took place in Cannes, France, from March 31 to April 4. This year, the show has hosted more than 11,500 participants from 107 countries.
KupiVIP.ru, Russia’s leading online shopping club, announced today the completion of a $55 million Series C funding deal – a record transaction for a Russian ecommerce business. Three new investors participated in the operation: Balderton Capital, Bessemer Venture Partners and Russia Partners.
Russia ranks 77th of the 138 countries listed in the latest Networked Readiness Index compiled by the World Economic Forum, up three positions from 80th in the index’s 2009 edition. The index is a component of the Global Information Technology Report published annually by the Forum.
Tele2 Russia emerged as the main winner in four regional tenders for GSM 1800 licenses in the Russian Far East. It has received from telecommunications regulator Roskomnadzor the right to operate in the Kamchatka, Sakhalin, Koryak, and Chukotka regions and will now operate in 41 Russian regions out of 83.
The Russian Duma has adopted a new law on electronic signatures, which will replace the previous one of January 2002. The new law will come into force after signing by the Russian President and official publication.
The consortium appointed several months ago by Russian authorities to investigate the conditions of LTE deployment was finally formed this past Monday, reports Russian business daily Vedomosti.
Babyboom.ru, a Russian children’s goods website, has raised $900,000 from investors including Index Ventures and Team Europe Ventures as well as from business angels Chamath Palihapitiya, VP of Facebook, Fabrice Grinda, the founder of OLX, Jose Marin, the founder of IG Expansion and James Gutierrez, the founder of Progreso Financiero.
Sweden’s Swepos became the first foreign company to use Russia’s GLONASS positioning technology, due to Swepos’ conviction that it is better than GPS at northern latitudes, reported Reuters.
