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.
Russian retailers sold 120,000 iPhone 4 units over the last three months, according to Kommersant, a Russian business daily. This comes in addition to significant unofficial sales via “grey import” channels. Although modest in comparison to the iPhone’s triumphant worldwide sales performance, 16.2 million in Q4 2010, these results mark significant progress for Apple on …
Russian iPhone sales improve, but numbers still far from western records Read More
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
A $10-million Phase 1 silicon chip production site has been announced for Novosibirsk’s science area of Akademgorodok, Newsib.ru reports. The future market for the new production will reportedly be power electronics, communications and optoelectronics makers in Novosibirsk, Tomsk, Omsk and other Siberian cities.
MTS, Vimpelcom, Megafon and Tele2, the four leading mobile operators in Russia, have all made bids for KT Corp’s 80 percent stake in New Telephone Company (NTC), a major mobile, fixed and IP telephony and Internet operator based in Vladivostok, reports Vedomosti, a Russian business daily.
Dreaming to see the Hermitage’s impressionist collection but wary of catching a cold in a St. Petersburg winter blizzard? Longing to commune with Rublev’s icons in the Tretyakov Gallery but daunted by the expense of travel to the Russian capital? Now art lovers anywhere can realize their dreams of getting a closer look at major …
ST-Ericsson, a world leader in wireless platforms and semiconductors, is launching the world’s smallest receiver to be able to see both GPS and GLONASS positioning satellites, enabling mobile devices to deliver much faster and much more reliable location-based services. Compared to GPS-only solutions, the combination of GLONASS and GPS technology dramatically improves positioning accuracy in …
Microsoft has completed the most recent round of its piracy-monitoring program in Russia, a program that monitors the levels of unlicensed software in retail computer sales. Of 3,229 audited retail outlets in 94 Russian cities, about 20 percent offered pirated software to customers. Eleven percent of the audited retail outlets allowed preinstallation of pirated software.
North-Western Telecom has announced an open tender for $500 million worth of four different lines of credit, the firm said.
